461 NE Old Belfair HighwayBelfair, WA 98528

he Opportunity: A Belfair Institution with a Competitive Moat Own both the high-visibility real estate and the established brand equity of Valley Feed—the only dedicated feed and agricultural hub in the Belfair/North Mason trade area. For over 20 years, this business has served as a critical community pillar, securing a loyal, recurring customer base that spans livestock owners, pet enthusiasts, and commercial propane accounts.Strategic Real Estate & Infrastructure The 1.2-acre level site features 237 feet of prime highway frontage in one of Belfair’s busiest corridors. The facility is engineered for high-volume agricultural retail, combining a ±3,224 SF storefront with a ±3,600 SF warehouse equipped with dock-high access, multiple overhead doors, and heavy-duty concrete floors. Built in 2004, the durable steel frame and metal roof ensure low-maintenance, long-term functionality. Valley Feed benefits from sticky revenue streams, including high-margin propane services and exclusive boutique clothing lines like Carhartt. With consistent gross receipts exceeding $1.04M annually, the business demonstrates the stability required for modern bank underwriting and strong debt coverage. The Bottom Line The acquisition includes significant Blue Sky value: a 20-year reputation for expert service. This is a rare, asset-backed investment offering a turn-key operation with a regional monopoly. Valley Feed is a strategic acquisition for any investor.