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Harvest Moon Cafe & Bar 20 S 1st St

5,836 SF 100% Leased Retail Building Rockford, WA 99030 $599,000 ($103/SF) 9% Cap Rate

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Investment Highlights

Brand New Roof, Recently Renovated, new Walk In, Updated banquet Room
Operating Restaurant with additional lease income

Use apartment as Long Term Rental, Work+Live, Air Bnb

Executive Summary

9% Cap Rate with Room To Grow with new opportunities. Step into a thriving venture at the Harvest Moon Restaurant & Bar, nestled in the lively heart of Rockford, Washington, amidst flourishing businesses. This unique property comes with an upstairs apartment, generating $1,500 monthly, and a Tattoo Parlor, adding $600. The restaurant proudly raked in a robust $744,000 last year. Key upgrades include a new roof (August 2023) and a refreshed banquet space. Benefit from an assumable loan under a favorable 4% interest rate. 2 separate utility hookups (add apartments?) Just south of Spokane Valley, this is a great opportunity.