12981 State Rte 20 Coupeville, WA 98239

Building Details

Year Built

1981

Listing agency Pacific Commercial Brokers

Listed by Tom O'Brien · License #WA

Source Crexi

Added: Feb 20 Updated: Jul 10 at 3:52PM Checked: Jul 21 at 7:06AM

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Investment Insights

Based on property information with market context.

This free-standing restaurant, established in 1955 and under current ownership since 2017, presents an opportunity to acquire a well-established dining destination on Whidbey Island. Celebrated for fresh, locally sourced seafood, regional specialties, and creative seasonal dishes, the restaurant attracts both local and tourist traffic. The turnkey operation features a fully equipped commercial kitchen, tasteful dining room, and inviting bar area. The restaurant has diverse revenue streams including dine-in, bar sales, catering, and seasonal specials. The restaurant has a relaxed, coastal charm with warm, welcoming interiors and expansive windows highlighting water views. A spacious patio offers unobstructed waterfront vistas, suitable for al fresco dining and events. The flexible floorplan accommodates small or large groups comfortably, along with private party options. The current ownership maintains limited day-to-day operational participation, providing flexibility for either an active owner-operator or an investor seeking a more passive role. The 4,350 square-foot restaurant is situated with water and mountain views.

Key Highlights

• Spectacular water and mountain views from a desirable Whidbey Island location.
• Turnkey restaurant operation with a fully equipped commercial kitchen and tasteful dining areas.
• Established reputation for fresh, locally sourced cuisine and strong community presence.

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FAQs

What type of property is this?

Conventional restaurant - Turnkey restaurant with water and mountain views on Whidbey.

Where is this conventional restaurant located?

The property is located at 12981 State Rte 20 Coupeville, WA.

What is the asking price?

The asking price for this property is $2,100,000.

What are key features of this property?

This property features: Spectacular water and mountain views from a desirable Whidbey Island location.; Turnkey restaurant operation with a fully equipped commercial kitchen and tasteful dining areas.; Established reputation for fresh, locally sourced cuisine and strong community presence.