Listing provided courtesy of Forks Avenue Real EstateNWMLSas Distributed by MLSGrid- MLS# NWM1821751MLS Provider

220 N Forks AvenueForks, WA 98331

Commercial · 0.76 Acres
$689,000 Active

220 N Forks Avenue Overview

Visits:
5

Long standing and well loved business in this growing and thriving community on over 0.77 acres of Highway 101 frontage! This restaurant has been a staple of the Forks area for many years and the business is only growing as more people come to the area and find the hidden treasure that the surrounding nature has to offer. The building was originally a drive up in 1967 but was later converted to offer indoor dining as well and as of September 2021 will have 70 seat capacity. Connected to City water and sewer, PUD power and offering plenty of space for parking or further expansion. Includes real estate, equipment and plenty of blue sky. Property is made up of 6 lots which may allow for diversified opportunities!

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220 N Forks Avenue Facts & Features

  • Type Commercial
  • Lot 0.76 Acres

Details

General

Income/Expenses

  • Other Expense: 3600
  • Electric Expense: 10200
  • Fuel Expense: 0
  • Gross Scheduled Income: 929000
  • Insurance Expense: 8942
  • Net Operating Income: 519000
  • Total Expenses: 32201
  • Water/Sewer/Garbage: 6900

Building Information

  • Year Built: 1967

Location/Region

  • Country: US
  • County Or Parish: Clallam
  • MLS Area Major: 928 - Southwest Clallam
  • Subdivision Name: Forks

Tax Information

  • Tax Annual Amount: $2,559.00
  • Tax Year: 2021

General Information

  • Listing Terms: Cash, Owner Will Carry
  • Parcel Number: 132809570214
  • Possible Use: Commercial
  • Property Condition: Fair
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 2448
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Concrete, Laminate
  • Foundation Details: Slab
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 20
  • Parking Uncovered Total: 20

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.7612
  • Lot Size Dimensions: irregular
  • Lot Size Square Feet: 33160
  • Lot Size Units: Square Feet
  • Site Frontage: 164
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Roof: Flat, Metal
  • Structure Type: Unspecified

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Brick, Wood
  • Sewer: Sewer Connected

220 N Forks Avenue Neighborhood

Community

98331 (FORKS) Demographics

38
Median Age
8
Population Density (per sq. mile)
20%
College Educated
$40,513
Estimated Median Income
1,490
Estimated Total Home Owners
905
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

220 N Forks Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

220 N Forks Avenue Market Data

Based on the last 30 days in this zip code

$921,644
Average List Price
$534
Average Price per Square Foot
2
Properties Sold
166
Average Days on Market
20
Properties for Sale
Calculations provided by Reliance Network

220 N Forks Avenue History

Date Event Value Agent
2/21/2024Source: NWMLS Price Reduction
$689,000 -1.4%
6/20/2022Source: NWMLS Added to Database
November 08, 2021