Property Details
14969 W Bow Hill Road
Bow, WA 98232
$795,000
Active
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Property Overview
Prime mixed-use package opportunity in the heart of Bow. Positioned at the high-exposure corner of Bow Hill Rd & Chuckanut Dr, this offering combines strong current income, future upside, and rare flexibility with both commercial and residential components under the same ownership. The commercial property includes Bow Kitchen Hub Restaurant & Bar, a drive-thru coffee stand, and upper-level flex space, producing $6,500/month in current income with the potential to reach $7,300/month after concessions. The building is well maintained with modern upgrades, appliances, indoor dining, and covered patio space, while the surrounding parcels create longer-term potential for expansion, redevelopment, or strategic hold. Also, next door, 5502 Chuckanut Dr is currently rented at $2,400/month and offers an ideal complement for owner occupancy, home office use, added rental revenue, or a broader live/work investment strategy. Available separately or together, this is a rare chance to secure a larger foothold in one of the area’s most visible and desirable corridor locations, with seller motivation favoring a package sale.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Skagit
Neighborhood
Bow
Listed
Jun 25, 2025
Original Price
$895,000
Parcel Number
P48583
Tax & HOA
Annual Property Tax
$2,398 (2025)
Est. Monthly Tax
$200/mo
Financial Summary
Cap Rate
7.54%
Net Operating Income
$62,170
Gross Scheduled Income
$72,000
Gross Rent Multiplier
11.46
Total Expenses
$9,830
Total Actual Rent
$6,000/mo
Monthly NNN
$819/mo
Building & Use
Building Sq Ft
3,838
Total Units
2
Sq Ft Rented
3,838
Zoning
Commercial
Possible Use
Commercial
Lot Size
15,216 sqft
Year Built
1963
Exterior & Lot
Lot Size
0.35 sqft
Year Built
1963
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Community
Exterior Features
Wood
Community & Access
Directions
Located on the corner of Chuckanut Dr and W Bow Hill Rd. I-5 to Exit 236, right on Bow Hill Rd for 3.7 Miles.
Location
City
Bow
County
Skagit
Coordinates
48.56563, -122.42310
Additional Information
Tax Year
2025
Annual Taxes
$2,398
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:08 AM. 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.
