For Sale
$1,250,000

31101 Railroad AveYacolt, WA 98675

Established Event Center, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents the Moulton Falls Cider House & Winery, a thriving 9,482 square foot retail establishment situated on a 7.09-acre lot in Yacolt, Washington. The property boasts two buildings, all on one story, and includes a tasting room, banquet room, commercial kitchen, and extensive wine/cider production and refrigeration facilities for product storage. Over 2,500 square feet of additional storage buildings are also included. Designed for versatile event hosting, the property features both indoor and outdoor stages and seating areas, easily accommodating large or small gatherings. Ample parking ensures convenient access for all events. The property's diverse event history includes private parties, weddings, graduations, and more. A three-bedroom, two-bathroom residence on the property provides convenient on-site management or owner accommodations. The winery currently processes and bottles specialty cider on-site, with a production capacity of 5,000 units per month. Moulton Falls Cider recipes are highly sought after nationally. The property is zoned R-10 and has a strong financial performance, with a 7.20% cap rate and a net operating income (NOI) of $90,000. The asking price is $1,250,000, translating to $131.83 per square foot. The property is currently 100% occupied, with the lease expiring August 30, 2024. The property underwent renovations in 2017. The APN is 231787000.

Highlights

  • Thriving 9,482 SF retail establishment (Moulton Falls Cider House & Winery) on 7.09 acres in Yacolt, WA.
  • Two single-story buildings include tasting room, banquet room, commercial kitchen, extensive production/refrigeration facilities, and over 2,500 SF of additional storage.
  • Versatile event space with indoor/outdoor stages and seating, ample parking.
  • Includes a 3 bed/2 bath on-site residence.
  • Strong financials: $1,250,000 asking price ($131.83/SF), 7.20% cap rate, $90,000 NOI, currently 100% occupied (lease expires 8/30/2024).

Property Details for 31101 Railroad Ave

Property type
Retail properties, Restaurants
Square Feet
9,482 SF
Year Renovated
2017
Buildings
2
Stories
1
Lot Size (sq. ft)
308,840 SF

Location Insight

City
Yacolt
County
Clark
State
Washington
Latitude
45.8474128
Longitude
-122.3933829
31101 Railroad Ave, Yacolt, Washington

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31101 Railroad Ave
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