400 Grand AvePullman, WA 99163

Property Details for 400 Grand Ave

Year built

1961

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.26 AC

Property size (Sq ft)

1,932 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

108150043170000

APU

108150043170000

Description

This exceptional commercial property, located at 400 S Grand Ave. in Pullman, WA, presents a unique opportunity for a thriving restaurant business. Situated on a 0.25-acre lot, the building offers a fully equipped commercial kitchen, ready for immediate operation. The spacious interior comfortably accommodates 80-100 diners, providing ample room for both intimate settings and larger gatherings. A significant advantage is the stunning waterfall view visible from the dining area, creating a memorable and attractive ambiance for patrons. The property's prime Pullman location ensures high visibility and accessibility, placing it within easy reach of a substantial customer base. The asking price is $679,900. This turnkey operation eliminates the need for extensive renovations or equipment purchases, allowing a new owner to focus on building their business immediately. The existing infrastructure and high-capacity seating make it ideal for a variety of restaurant concepts. The combination of a fully functional kitchen, attractive seating capacity, and a picturesque view makes this a truly exceptional opportunity in the vibrant Pullman market. Don't miss the chance to own this established restaurant with significant potential for growth and success. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $578,706

  6.5%

  $534,190

  7%

  $496,034

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,038,043

  Geo Method

  $1,038,043

• Alternative Use

  Use

  Valuation

  Residential

  $450,609

  Hospitality

  $412,756

  Educational

  $343,408

  Medical

  $355,218

  Retail

  $534,190

Location Insight

City

Pullman

County

Whitman

State

Washington

Latitude

46.727

Longitude

-117.184

CBSA code

39420

CBSA name

PULLMAN, WA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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