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



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.
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
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
| Parcel Number | 3225090047 | Improvements Assessment | $2,000 |
| Land Assessment | $13,600 | Total Assessment | $15,600 |
PROPERTY TAXES
Parcel Number
3225090047
Land Assessment
$13,600
Improvements Assessment
$2,000
Total Assessment
$15,600
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1454 Old Hwy 97
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