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Property Details for 214 W Main Ave Ritzville WA 99169

MLS # : 1206739

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Property Photo MLS #: 1206739
214 W Main Ave Ritzville WA 99169
Listing Number:   1206739
Listing Price:   $45,000
Type of Business:   Restaurant
Franchise   N

Rick Sawyer
509-660-0610


-= Business Details =-
Major Type of Business:   Food & Beverage
Type of Business:   Restaurant
Franchise:   N
Licenses:   Alcohol
Number of Employees:   0
Signage Stays:   Y
-= Property Details =-
Building
Building Condition:   Very Good

Parking
Total Uncovered Parking:   10
-= Financial Information =-
Expenses
Annual Expenses:   $81,000
Annual Rent:   $24,000

Income
Annual Gross Sales:   $157,000
Net Proceeds:   $52,000
-= Location Information =-
Address:   214 W Main Ave
City:   Ritzville
State:   WA
Zip Code:   99169
Community Name:   $Ritzville
Latitude:   47.12660200
Longitude:   -118.38155200
Driving Directions:   From Division go West on Main
-= Assessor Information =-
County:   Adams
Tax Number:   1935230500309
-= Purchase Information =-
Listing Price:   $45,000
Potential Terms:   Cash Out
Potential Lease Terms:   3-5 Years
Bank Owned:   No
3rd Party Approval Required:   None
Possession Allowed:   Closing
Seller Disclosure Statement Provided:   Exempt
Preliminary Title Ordered:   No
-= MLS Listing Details =-
Listing Number:   1206739
Listing Status:   Active
Listing Office:   Katz Realty, Inc.
Listing Agent:   Rick Sawyer
Agent Phone:   509-660-0610
Agent Email:   
Listing Date:   2017-10-12
Cumulative Days on Market*:   42
MLS Area:   381
Marketing Remarks:   Successful operating restaurant in downtown Ritzville. It is currently Memories Diner and has been a restaurant of some type in this location for many years. Current lease runs until March 2018 and can be extended for at least 5 more years. Updated kitchen in recent years with 40k in updates including char broiler, dishwasher and furnace and ductwork. It has a remodeled bar/lounge area. Price includes current owners equipment. List provided upon request. Set up for Catering also.
-= Disclaimer =-
The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.
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