This Retail Property is Off-Market.

405 S Main Street
Coupeville, WA 98239 ·

7,182 SF · Retail For Sale

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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
Property Sub-type
Restaurant
More...
  • Economy/ Limited Service
Listing ID: 17984791 Date Created: 01/16/2013 Last Updated: 12/01/2014

Description

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

Research

405 S Main Street, Coupeville, WA 98239 (Island County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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