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Shopping Center Restaurant
For Sale
Contact for pricing
Pending

138 Washington Ave N, Kent, WA 98032

Existing restaurant business near WA-167 and WA-516, with updated pro forma financials and surrounding residential, civic, and retail uses.

Property SizeContact for details
Days on Market143

Property Features for 138 Washington Ave N

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes
Highway Access Yes
Listing Agency: KW Commercial Bellevue Puget Sound
Listed By: James Tan · License #WA 131390
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 3:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Bellevue Puget Sound

Investment Insights

Based on property information with market context.

This conventional restaurant is located within Crossgate Shopping Center at 138 Washington Ave N in Kent. The offering includes an existing restaurant business with an updated pro forma P&L, providing financial materials for buyer review. Seller financing is available.

The property sits near the intersection of WA-167 and WA-516, with apartment buildings, government offices, and major stores in the surrounding area. Its shopping center setting and established commercial surroundings provide a clear operating context for the restaurant use.

Key Highlights

  • Conventional restaurant business in Crossgate Shopping Center
  • Located near the intersection of WA‑167 and WA‑516
  • Updated pro forma P&L included

Property Analytics

Current Use

Pho Mau Restaurant

Suggested Use

Top Pick Storage Facility Veterinary Clinic Skin Care Clinic Hotel & Motel (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,251
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98032, WA

38,744
Population
15,639
Households
2.5
Avg Household Size
35
Median Age
28%
College-Educated
84%
High-School Grad
17.0 sq mi
ZIP Area
2,279
Density / Sq Mi
$77,413
Median Household Income
$46,105
Median Earnings
$1,782
Median Rent
$473,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant business near WA-167 and WA-516, with updated pro forma financials and surrounding residential, civic, and retail uses.
Where is this conventional restaurant located?
The property is located at 138 Washington Ave N Kent, WA.
What are key features of this property?
This property features: Conventional restaurant business in Crossgate Shopping Center; Located near the intersection of WA‑167 and WA‑516; Updated pro forma P&L included
More about this property
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