Grocery in Ferry Cty. WA
Title
Grocery in Ferry Cty. WA
Occupancy
ADR
Average monthly Store Sales
150k
Price
$2,950,000.00
Average Monthly Gas Sales Gallons
Rooms
Cap Rate
Status
Pending
Room Revenue
Annual Room Revenue
Annual Net Profit
300k
Remarks
Republic Market is a busy full-service grocery store in the heart of Republic, a scenic, rustic town on Highway 20 in North Central Washington. While the immediate town has a growing year-round population of 1,000 there are many farms and houses in surrounding areas, plenty of year-round traffic on a Highway, and tourists and vacationers flock to the area in the summertime. One of only two groceries in the town, and 60 miles to another Supermarket. this Market provides necessary retail to its loyal customers and passing motorists. The building is 9,704 square feet, in good condition and the second level can be permitted for you to 6 badly needed apartments. At a 17% Cap Rate and a 3.2 gross profit multiplier, This store is clearly one of the best deals available in Washington State! This Market is a rare opportunity offering both an outstanding return on investment immediately as well as development potential for rental income.
Title
Grocery in Ferry Cty. WA
Occupancy
ADR
Average Monthly Store Sales
150k
Price
$2,950,000.00
Average Monthly Gas Sales Gallons
Rooms
Cap Rate
Status
Pending
Room Revenue
Annual Room Revenue
Annual Net Profit
300k
Remarks
Republic Market is a busy full-service grocery store in the heart of Republic, a scenic, rustic town on Highway 20 in North Central Washington. While the immediate town has a growing year-round population of 1,000 there are many farms and houses in surrounding areas, plenty of year-round traffic on a Highway, and tourists and vacationers flock to the area in the summertime. One of only two groceries in the town, and 60 miles to another Supermarket. this Market provides necessary retail to its loyal customers and passing motorists. The building is 9,704 square feet, in good condition and the second level can be permitted for you to 6 badly needed apartments. At a 17% Cap Rate and a 3.2 gross profit multiplier, This store is clearly one of the best deals available in Washington State! This Market is a rare opportunity offering both an outstanding return on investment immediately as well as development potential for rental income.
Address
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zip code
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city
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State
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Lot size
17424
Building Size
9704
Brand
Operating hours
7am-10pm
Address
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zip code
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city
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State
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Lot size
17424
Building Size
9704
Brand
Operating hours
7am-10pm