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Hoang 633 E 1st St 4,436 SF Retail Building Port Angeles, WA 98362 $988,000 ($222.72/SF)

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INVESTMENT HIGHLIGHTS

  • Heavy traffic count

EXECUTIVE SUMMARY

Well established restaurant and bar with building. Boasting over 4,000 sq ft the building is centrally located and directly across the street from the largest general store in town, and heavy traffic counts. There is an attached lounge lovingly nicknamed, China bar paying homage to the restaurant's former identity. It has been operational for nearly 30 years with large retention of die hard “regulars”. The dining area can be maximized for up to 60 or more seats with an additional banquet room that could seat 30 more. Restaurant has cult like following and boasts over a 4.5-star rating across all social platforms. A solid brand and following is already built along with the systems to easily generate 7 figures with the right owner

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
4,436 SF
Building Class
C
Year Built
1940
Price
$988,000
Price Per SF
$222.72
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.48 AC
Zoning
PCA - Planned community area

AMENITIES

  • Signage
  • Air Conditioning
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

The YMCA
Taco Time
CrossFit
Starbucks
Chase
Jazzercise
U.S. Bank
Keybank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
61471
Land Assessment
$252,000
Improvements Assessment
$450,000
Total Assessment
$702,000
  • Listing ID: 32247383

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 633 E 1st St, Port Angeles, WA 98362

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