Asking Price
$1,050,000
Gross Revenue
$67,944
Cash Flow
$53,544
Overview
Business
Description
Built in 1930 originally as a creamery by JC Penney, the clothing company namesake. This property is exceptionally well built and well maintained with numerous updates to keep it fresh. Expanded in 1985 to 4,980 SF.
Two retail spaces include a 1,600 SF restaurant with additional storage and an 852 SF main floor office in the rear. The restaurant underwent a major remodel that was completed in October 2023.
Two apartments on the second floor:
•Front: 1,182 SF two-bedroom, one bath, plus office.
•Rear: 872 SF one bedroom, one bath, plus large bonus room
•Second floor has a laundry room for the apartments plus storage
$54K current Net Operating Income.
Sale
Reason for Selling
Property Sale
Premises
Location
Sequim, WA
Contact The Seller
Listed by:
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