- Listing #:
- 2184654
- Price:
- $1,299,000
- Status:
- Active
- Property Type:
- Commercial
- Type:
- Comm Bldg Und 10K
- # of Acres:
- 0.26
- Year Built:
- 1954
- Comm/Assn:
- East Wenatchee
- City:
- East Wenatchee
- County:
- Douglas
- State:
- WA
- Zip:
- 98802
- Right of 1st Refusal:
- No
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Description
Iconic restaurant for sale! Includes both land parcels, along with newly remodeled building. Larry's Drive In has been in business for almost 70 years! The newly added milkshake machine and space has improved profitability. Larry's is known for the Chicken but also the Burgers! Don't miss out on this turn-key business! One of the owners is a Licensed Real Estate Agent in the state of Washington
Property Features
- Building Features:
- - Signage Included
- Cap Rate:
- - 9
- Cooling Y/N:
- - Yes
- Electric Expense:
- - 5383.77
- Exterior Features:
- - Wood
- :
- - Sewer Connected
- Foundation Details:
- - Poured Concrete
- - Slab
- Gross Scheduled Income:
- - $519,377.00
- Heating Y/N:
- - Yes
- Insurance Expense:
- - $4,292.10
- Interior Features:
- - Concrete
- Net Operating Income:
- - $119,300.00
- Approx. Building Sq.Ft.:
- - 472.00
- Gross Adjusted Income:
- - 174018
- Gross Rent Multiplier:
- - 2.65
- Style Code:
- - 60 - Comm Bldg Und 10K
- Total Expenses:
- - 273242.06
- Water Sewer Garbage:
- - 3799.64
- Zoning Class:
- - Business
- - Commercial
- - Retail
- Zoning Jurisdiction:
- - City
- Other Expense:
- - 257735.33
- Parcel Number:
- - 07300100401
- Possible Use:
- - Business
- - Commercial
- - Retail
- Property Condition:
- - Remodeled
- Structure Type:
- - Unspecified
- Annual Tax Amount:
- - $2,031.22
- Tax Year:
- - 2023
- Water Source:
- - Public