Property Details

461 NE Old Belfair Hwy

Belfair, WA 98528

$1,600,000

Available

CBA# 703120 courtesy of CBA Listing firm: KW Commercial Greater 360

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I’d like more information about 461 NE Old Belfair Hwy, Belfair, MLS# 703120

Office / Retail

Property Type

6,824

Bldg Sq Ft

8.00%

Cap Rate

2008

Year Built

Property Overview

The Opportunity: A Belfair Institution with a Competitive MoatOwn 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 & InfrastructureThe 1.2-acre level site features 237 feet of prime highway frontage and excellent visibility 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/wood frame and metal roof ensure low-maintenance, long-term functionality.Proven Revenue & Diversified IncomeUnlike standard retail, Valley Feed benefits from highly "sticky" revenue streams, including propane services (approx. 17% of annual sales) 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.Community Goodwill & Digital Social PresenceThe acquisition includes significant "Blue Sky" value: a robust social media presence, high recommendation ratings, and a 20-year reputation for expert service. From the signature “Sip & Shop” events to its status as a local hub, the brand carries an intangible value that is difficult for any new competitor to replicate.The Bottom LineThis is a rare, asset-backed investment offering a turn-key operation with a built-in regional monopoly. Valley Feed represents a strategic acquisition for an operator looking to step into a profitable legacy or an investor seeking a high-performing agricultural asset in a growing Washington market.