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$4,250,000

  • For Sale
  • Active
  • Retail

Listed by Christine Baumann | John L. Scott, Inc. | (253) 841-7000

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Once in a lifetime opportunity awaits! Found at the foothills of Mt. Rainier is the iconic one-of-a-kind destination restaurant, bar & lodging known as the Mt. Rainier Railroad Dining Co. & Hobo Inn. In business almost 38 years! One of the largest collections of historical cabooses in the U.S. 23 total! This is a stationary collection conveying with the property to which they are on. All have history & are unique in their own way. Six cars support dining, bar, gift shop, refrigeration & kitchen. Nine cars make up the unique lodging experience known as The Hobo Inn. Three are storage & maintenance. One car offers gourmet pizza for take out or outside dining. Four consist of the Bi-centennial Freedom Train once ridden by Gerald Ford himself.

Full Property Details for 54106 Mountain Hwy E

General

  • Price: $4,250,000
  • Status: Active
  • Type: Retail
  • Source: NWMLS
  • MLS ID: 1925800
  • Updated: 3/14/2025
  • Added to Site: 1, 087 day(s) ago

Rental Information

  • Complex Features: Disabled Access, Leased Fixtures, Signage Included

Interior

  • Interior Features: Wall to Wall Carpet
  • Flooring: See Remarks, Vinyl, Carpet

Parking

  • Uncovered Spaces: 50

Location

  • Area: 127 - Elbe
  • County: Pierce
  • Subdivision: Elbe
  • Driving Directions: Highway7 past Eatonville to town of Elbe. Listing on your right side.

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Retail
  • Exterior Const.: See Remarks
  • Foundation: See Remarks
  • Roof: See Remarks
  • Warehouse: 6,000 Sq. Ft.
  • Year Built: 1987
  • Property Condition: Restored

Lot Features

  • Lot Size (Acres): 0.63
  • Lot Size (Sq. Ft.): 27,443
  • Lot Size Source: Public Records
  • Topography: Level
  • Zoning: Commercial, See Remarks

Financial Considerations

  • Terms: Cash Out, Owner Financing, See Remarks

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 515204038

Listed by Christine Baumann | John L. Scott, Inc. | (253) 841-7000

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Schools serving 54106 Mountain Hwy E

School District:Eatonville School District
RatingNameGradesDistance
6
Eatonville High School
302 Mashell Ave N, Eatonville, WA 98328
9-128.1 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 54106 Mountain Hwy E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/02/2023
Price Reduced
$4,250,000
-10.53%
MLS
5/25/2022
Listed
$4,750,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 54106 Mountain Hwy E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,565
—
$308,100
—
2024
$3,562
5%
$308,100
5%
2023
$3,391
7%
$294,000
27%
2022
$3,166
-5%
$230,600
-4%
2021
$3,323
-2%
$240,600
—
2020
$3,407
31%
$241,000
13%
2018
$2,604
—
$213,300
8%
2018
$2,604
4%
$197,900
2%
2017
$2,507
-3%
$193,500
5%
2016
$2,583
2%
$184,300
7%
2014
$2,542
—
$172,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Christine Baumann | John L. Scott, Inc. | (253) 841-7000

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54106 Mountain Highway E, Elbe, WA 98330 (MLS# 1925800) is a Retail property. 54106 Mountain Highway E is currently listed for $4,250,000 and was received on May 25, 2022. Want to learn more about 54106 Mountain Highway E? Do you have questions about finding other Retail real estate for sale in Elbe? You can browse all Elbe real estate or contact a Coldwell Banker agent to request more information.

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