10 Pass Life Way - Restaurant FOR SALE


Snoqualmie Pass, WA 98068
$4,800,000 USD
206-773-2691
10 Pass Life Way, Snoqualmie Pass, WA for Sale
$4,800,000 USD
Restaurant - FOR SALE
1/10
null | Request Cap Rate

10 Pass Life Way
Snoqualmie Pass, WA 98068


OVERVIEW

Pass Life Commercial Building presents a rate opportunity to acquire one of the few institutional-quality retail investments at Snoqualmie Pass. Lee & Associates is pleased to present the opportunity to acquire Pass Life Commercial Building, a fully leased, ±7,948-square-foot retail investment located in the heart of Snoqualmie Pass, Washington. Constructed in 2015 as the commercial centerpiece of The Pass Life mixed-use development, the Property is home to an established collection of destination oriented tenants including Commonwealth Restaurant, Dru Bru Brewery, and the Washington State Ski & Snowboard Museum. Together, these businesses serve a diverse customer base of local residents, outdoor enthusiasts, and the more than two million annual visitors drawn to Snoqualmie Pass throughout the year. Unlike traditional mountain communities that rely primarily on seasonal tourism, Snoqualmie Pass benefits from exceptional accessibility—less than one hour from both Seattle and Bellevue via Interstate 90—and year-round recreation that drives consistent consumer demand. The combination of skiing, hiking, mountain biking, trail systems, and interstate traffic has established the Pass as one of Washington’s premier outdoor destinations. The Property offers investors immediate, stable cash flow from a fully leased tenant roster while providing long-term upside through future lease rollover in a highly supply-constrained market. Limited commercial inventory, barriers to new development, and continued investment in the surrounding community position Pass Life Commercial Building as a rare opportunity to acquire a landmark retail asset in one of the Pacific Northwest’s most desirable recreation

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$694 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

-

APN/PARCEL ID

957881

ASK ABOUT THIS PROPERTY

Amanda Hahnemann, CCIMLee & Associates Commercial Real Estate ServicesMore Info
206-773-2691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Amanda Hahnemann, CCIMLee & Associates Commercial Real Estate ServicesMore Info
206-773-2691

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.