This property is Off-Market
405 S Main Street
Coupeville, WA 98239 ·
7,182 SF · Retail For Sale
Tyee Restaurant Lounge and Motel
|Price||N/A||Property Use Type||Business For Sale|
|Building Size||7,182 SF||Commission Split||3%|
|Property Type||Retail||Lot Size||22,216 SF|
|Listing ID: 17984791||Date Created: 01/16/2013||Last Updated: 12/01/2014|
This established neighborhood Coupeville business has been serving locals & tourists for 50+ years. It is a profitable going concern with a very healthy CAP rate of 14% plus you can live upstairs while you run your business downstairs or rent it out for additional income. There is no start up; turnkey immediate revenue & profit with diversified revenue stream from food, liquor, pull tabs, motel and upstairs apt combined with local and tourist customer base. The property is well maintained w/4860 sq ft 2 story bldg with restaurant/bar downstairs & upstairs apartment with 2 bed/2 bath/living w/separate entrance. Also a separate 9 Unit 2322 sq ft Motel. Local commercial lenders w/great rates are ready to loan on this property.
Great Coupeville Neighborhood Location
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