Restaurant Building with Banquet
For Sale
$1,850,000
1596 W 7th St, Newport, WA 99156
Restaurant building includes a large dining room, chef’s kitchen, and dedicated banquet room with basement space.
Property Size3,644 SF
Price / SF$507.68
Days on Market93
Property Features for 1596 W 7th St
General Information
Standard status
Active
Size
3,644 SF
Property subtype
Retail
Building Details
Building Size
3,644 SF
Year Built
2003
Listing Agency:
NAI Black
Listed By:
John Powers · License #100306
(509) 622-3563
Source:
Naiblack
Added: Jun 2
Changed: Aug 16
Last Checked: Sep 1 at 4:32PM
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 NAI Black
Investment Insights
Based on property information with market context.
This property is a restaurant building offering a practical guest-flow layout with a large dining room and an additional banquet room. The interior also features a chef’s kitchen, supporting on-site food preparation. In addition to the main dining and kitchen areas, the building includes a basement of approximately 1,100 SF, which can add useful back-of-house or storage capability for day-to-day operations.
The building is presented for sale as a conventional restaurant asset, giving buyers a turn-key starting point for food service concepts that need both regular dining and space for private events. With the banquet room already built into the design, the property is suited to operators looking to run business as usual while also accommodating larger parties or catered-style service.
For tenants or buyers, this configuration can align well with full-service restaurant operators seeking room for both general seating and separately programmed events. The presence of a chef’s kitchen and substantial basement space supports ongoing operations and offers flexibility for equipment storage, staging, or other functional needs. It’s an appropriate fit for a buyer looking for a dedicated restaurant building rather than a repurposed space.
The building is presented for sale as a conventional restaurant asset, giving buyers a turn-key starting point for food service concepts that need both regular dining and space for private events. With the banquet room already built into the design, the property is suited to operators looking to run business as usual while also accommodating larger parties or catered-style service.
For tenants or buyers, this configuration can align well with full-service restaurant operators seeking room for both general seating and separately programmed events. The presence of a chef’s kitchen and substantial basement space supports ongoing operations and offers flexibility for equipment storage, staging, or other functional needs. It’s an appropriate fit for a buyer looking for a dedicated restaurant building rather than a repurposed space.
Key Highlights
- 3,644 SF restaurant building built in 2003
- Includes a large dining room
- Chef’s kitchen on site
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 48%
Exxon
Shops & Services
4,197 visits/mo
0.1 miles
SUBWAY
Dining
2,472 visits/mo
0.2 miles
Golden China
Dining
1,452 visits/mo
0.0 miles
Demographics for 99156, WA
8,478
Population
4,981
Households
1.7
Avg Household Size
51
Median Age
21%
College-Educated
95%
High-School Grad
273.2 sq mi
ZIP Area
31
Density / Sq Mi
$59,040
Median Household Income
$39,590
Median Earnings
$788
Median Rent
$303,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant building includes a large dining room, chef’s kitchen, and dedicated banquet room with basement space.
Where is this conventional restaurant located?
The property is located at 1596 W 7th St Newport, WA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 3,644 SF restaurant building built in 2003; Includes a large dining room; Chef’s kitchen on site
