Property Details
120 Rock Island Road
East Wenatchee, WA 98802
$1,099,000
Active
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Property Overview
Iconic restaurant for sale! Includes both land parcels, along with newly remodeled building. Larry's Drive In has been in business for almost 70 years! The newly added milkshake machine and space has improved profitability. Larry's is known for the Chicken but also the Burgers! Don't miss out on this turn-key business! One of the owners is a Licensed Real Estate Agent in the state of Washington
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Douglas
Neighborhood
East Wenatchee
Listed
Dec 9, 2023
Original Price
$1,375,000
Financial Summary
Cap Rate
9.00%
Net Operating Income
$119,300
Gross Scheduled Income
$519,377
Gross Rent Multiplier
2.65
Total Expenses
$273,242
Building & Use
Building Sq Ft
472
Zoning
Business,Commercial,Retail
Possible Use
Business, Commercial, Retail
Lot Size
11,326 sqft
Year Built
1954
Exterior & Lot
Lot Size
0.26 sqft
Year Built
1954
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood
Location
City
East Wenatchee
County
Douglas
Coordinates
47.40326, -120.28871
Additional Information
Tax Year
2023
Annual Taxes
$2,031
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
