Share This Listing

Message

963 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1454 Old Hwy 97 2,920 SF 100% Leased Retail Building Malott, WA 98829 $599,000 ($205.14/SF)

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Family friendly, local eatery, Bar, Separate apt(addtional income), outside dining, Barn(possible mare motel) creek access for Hip Camp spaces

EXECUTIVE SUMMARY

A rare opportunity to acquire a turn-key Bar & Grill with real estate, multiple income streams, and expansion upside in the heart of Malott, WA. The Wagon Wheel Bar & Grill is a well-known local favorite, offering a welcoming, family-friendly atmosphere with indoor and outdoor seating, beautifully renovated in 2023.
A standout feature is the exclusive Original Broasted Chicken contract, with no competing contractor within a 50-mile radius—a powerful competitive advantage that drives consistent traffic and repeat business. The establishment includes a full bar setup, with liquor license eligibility upon buyer application, opening the door to enhanced beverage revenue and event-driven income.
The property includes two buildings totaling approximately 2,925 sq ft on 1.76 acres of commercially zoned land, along with a separate apartment currently operating as a short-term rental, providing immediate supplemental income or ideal on-site management housing.
Beyond current operations, the possibilities to expand are exceptional. A barn/stable on the property offers potential conversion to a “mare motel” for equestrian travelers, while having a beautiful creekside and riverfront clearing lends itself to Hipcamp-style camping, seasonal events, or outdoor activations. With ample land and favorable zoning, additional revenue streams such as live music nights, food concepts, or destination-style experiences are well within reach.
Perfectly positioned near outdoor recreation, including fishing, hiking, and horseback riding, this property serves as both a community hub and a destination stop. Whether you’re an owner-user looking to step into a proven operation or an investor seeking a property with layered income and growth potential, the Wagon Wheel Bar & Grill delivers location, charm, and upside—all in one package.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,920 SF
Building Class
C
Year Built
1960
Price
$599,000
Price Per SF
$205.14
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.04
Lot Size
1.76 AC
Zoning
comml

AMENITIES

  • Corner Lot
  • Courtyard
  • Fenced Lot
  • Restaurant
  • Storage Space
  • Air Conditioning
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3225090047
Land Assessment
$13,600
Improvements Assessment
$2,000
Total Assessment
$15,600
  • Listing ID: 36760581

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 1454 Old Hwy 97, Malott, WA 98829

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}