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Roy General Store 104 McNaught St

7,835 SF 100% Leased Retail Building Roy, WA 98580 $1,450,000 ($185/SF)

Investment Highlights

  • The Old General Store Steakhouse & Saloon is a restaurant and event center built in 1910 and remodeled in 1995.
  • Two residential rental units
  • The venue includes a dining room, wood dance floor, bar, stage, full kitchen, and patio seating.

Executive Summary

The Old General Store Steakhouse & Saloon - This offering includes the restaurant with bar and event center, and two, income-producing residential apartments.
The Old General Store Steakhouse and Saloon has been a popular music venue and eating establishment for decades. The stage and original wood dance floor are the focal point of the event center and restaurant and are surrounded on three sides by the dining areas and bar. The building was initially remodeled in 1995, and the ownership has continued to enhance the property ever since. It has retained its rustic 1910 charm as well as much of Roy’s history by including in its decor a plethora of invaluable memorabilia and fixtures that match the era. Outside, the property offers an enclosed, parklike event area, which is accessed by way of double doors through the dining area and dance floor.
The restaurant features a full and well-organized kitchen, complete with upright freezer, ice machine, 2-door reach-in refrigerator, walk-in cooler, Wolf 4-burner gas range, convection oven, Type 1 hood plus kitchen equipment, cookware, and tableware. The grease interceptor even has its own mini-sewage treatment plant onsite.
As an additional benefit, two residential apartments are on the second floor of The Old General Store Steakhouse and Saloon. Unit 1 is a two-bedroom home and Unit 2 is a one-bedroom home. Both are rented.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,835 SF
Year Built/Renovated
1910/1995
Price
$1,450,000
Price Per SF
$185
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.44
Land Acres
0.41 AC
Zoning
C, Roy - Commercial
Parking
10 Spaces (1.28 Spaces per 1,000 SF Leased)
Frontage
67 FT on McNaught

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
570500-0060
Land Assessment
$131,800
Improvements Assessment
$441,200
Total Assessment
$573,000
  • Listing ID: 30180478

  • Date on Market: 11/28/2023

  • Last Updated:

  • Address: 104 McNaught St, Roy, WA 98580

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