1454 Old Hwy 97 - Restaurant FOR SALE


Malott, WA 98829
$599,000 USD
509-449-6881
1454 Old Hwy 97, Malott, WA for Sale
$599,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

1454 Old Hwy 97
Malott, WA 98829


HIGHLIGHTS

  • Family friendly, local eatery, Bar, Separate apt(addtional income), outside dining, Barn(possible mare motel) creek access for Hip Camp spaces

OVERVIEW

A rare opportunity to acquire a turn-key Bar & Grill with real estate, multiple income streams, and expansion upside in the heart of Malott, WA. The Wagon Wheel Bar & Grill is a well-known local favorite, offering a welcoming, family-friendly atmosphere with indoor and outdoor seating, beautifully renovated in 2023. A standout feature is the exclusive Original Broasted Chicken contract, with no competing contractor within a 50-mile radius—a powerful competitive advantage that drives consistent traffic and repeat business. The establishment includes a full bar setup, with liquor license eligibility upon buyer application, opening the door to enhanced beverage revenue and event-driven income. The property includes two buildings totaling approximately 2,925 sq ft on 1.76 acres of commercially zoned land, along with a separate apartment currently operating as a short-term rental, providing immediate supplemental income or ideal on-site management housing. Beyond current operations, the possibilities to expand are exceptional. A barn/stable on the property offers potential conversion to a “mare motel” for equestrian travelers, while having a beautiful creekside and riverfront clearing lends itself to Hipcamp-style camping, seasonal events, or outdoor activations. With ample land and favorable zoning, additional revenue streams such as live music nights, food concepts, or destination-style experiences are well within reach. Perfectly positioned near outdoor recreation, including fishing, hiking, and horseback riding, this property serves as both a community hub and a destination stop. Whether you’re an owner-user looking to step into a proven operation or an investor seeking a property with layered income and growth potential, the Wagon Wheel Bar & Grill delivers location, charm, and upside—all in one package.

FOR SALE DETAILS

PRICE

$599,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Residential, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.76 AC

LAND SF

76,666 SF

ZONING

comml

APN/PARCEL ID

3225090047,32250901115

ASK ABOUT THIS PROPERTY

Anna Marie DalbeyKeller Williams Spokane - The Dalbey TeamMore Info
509-449-6881

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Anna Marie DalbeyKeller Williams Spokane - The Dalbey TeamMore Info
509-449-6881

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