206 W 1st Ave

    Odessa, WA 99159
    • $97,500
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: 1256884
    UPDATED: 41 min ago
    $97,500
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Listing Courtesy of Kelly Right Re Of Seattle Llc.

    Description

    Included in the sale is the building, land, inventory and equipment. Located on Hwy 28, it attracts local residents and people passing through from the west side, as well as residents from all of the nearby towns. It's just 17 miles from I 90. This business has a cap rate of 9%. Odessa is referred to as the 'Best Little City in Washington.' We have great schools, awesome community spirit and amenities found in larger towns including a hospital, golf course swimming pool assisted living facility.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-26T22:16:48.947.

    www.homesonthesound.com/homes/81499797

    206 W 1st Ave Odessa, WA 99159

    • Price: $97,500
    • Status: Active
    • Updated: 41 min ago
    • ID#: 1256884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Odessa
    County:
    Lincoln
    Area:
    Lincoln County
    Property Description
    Included in the sale is the building, land, inventory and equipment. Located on Hwy 28, it attracts local residents and people passing through from the west side, as well as residents from all of the nearby towns. It's just 17 miles from I 90. This business has a cap rate of 9%. Odessa is referred to as the 'Best Little City in Washington.' We have great schools, awesome community spirit and amenities found in larger towns including a hospital, golf course swimming pool assisted living facility.
    Exterior Features

    Location CornerFree Standing Total Covered Parking Spaces 0 Total Uncovered Parking Spaces 35

    Property Features

    Annual Expenses 202000 Annual Gross Sales 290000 Annual Rent 0 Bank Owned No Business Name Odessa Drive In Business Type Diner Employees 5 Equipment 0 Equipment Value 25000 Form17 Provided Franchise N Goodwill Value 5000 Home Owner Dues 0 Inventory Value 7500 Leased Items N Liens Or Mortgages N Major Business Type Food & Beverage Net Proceeds 88000 Possession Closing Real Estate Value 60000 Real Property Purchase Signage Y Terms Cash OutConventional Third Party Approval Required None Year Established 1950 Years Current Owner In Business 2

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-04-26T22:16:48.947.

     
    Homes on the Sound
    33434 8th Ave South, Ste 103
    Federal Way WA, 98003
    Listing Courtesy of Kelly Right Re Of Seattle Llc.