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    Turnkey Restaurant with Full Kitchen Title is generated by Realmo AI

    205 E 8th St STE A, Port Angeles, WA 98362

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    For Sale
    $350,000

    COMMERCIAL - Port Angeles, WA

    Property size:
    2,200 SF
    Price / SF:
    $159/SF
    Added:
    Jan 27, 2026
    Days on Market:
    128
    Last Refresh:
    Jun 4 at 12:06 pm

    Property Features for 205 E 8th St STE A

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Off Street
    Appliances
    Cooktop, Exhaust Fan, Propane, Refrigerator, Range Hood
    Standard status
    Active
    APN
    0630000230640000
    Size
    2,200 SF

    Taxes and HOA fees

    Tax Year
    2025

    Building Details

    Year built
    2004
    Flooring type
    Concrete

    We can help!

    Listing Contact
    Jacob Wright

    Listing agent Jacob Wright License #23024363

    Listing office IDEAL Real Estate 109 E 1st Street, Port Angeles, WA

    Listing date Jan 27, 2026

    MLS# 400083

    Copyright © 2026 Olympic Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Restaurant equipment package included, featuring a 10 ft fully‑automated Captiveair Type 1 commercial hoodvent with propane make‑up air
    • Commercial kitchen built with major cooking equipment: Cookright 48 in flattop griddle, 36 in 6‑burner range/oven combo, and two Cookright double fryers
    • Includes walk‑in cooler and additional refrigeration/freezing: U.S. Cooler walk‑in cooler and a top‑load freezer
    • Additional included food prep and service items: 30 qt stainless mixer, 3 qt Robocoup food processor, dehydrator, and an 8 ft triple sink
    • Property built in 2004 with concrete flooring and off‑street parking
    • Social assets included: 2,000 Instagram followers and 4,000 Facebook followers; seller financing available; average net income noted as approx. $100,000.00

    Overview

    This turnkey restaurant offering includes an extensive, ready-to-operate kitchen buildout and a detailed list of commercial cooking equipment. The property features a 10-foot fully automated CaptiveAire Type 1 commercial hood vent with propane make-up air, which turns on automatically when it senses heat. Cooking equipment includes a 48-inch flattop griddle, a 36-inch 6-burner Cookright range/oven combo, and two Double Fryers by Cookright. Refrigeration and prep equipment includes a U.S. Cooler walk-in cooler, a top load freezer, a beer fridge, a 30-quart stainless mixer, a 3-quart Robocoup food processor, a dehydrator, and an 8-foot triple sink.

    Located at 205 E 8th St, STE A in Port Angeles, the restaurant is presented as having plenty of parking, supporting an easy customer arrival experience.

    For buyers seeking a hands-on, operational restaurant purchase, the included commercial hood system, cooking line, refrigeration, and prep tools provide a complete foundation for day-one service. The sale is also described as including digital audience assets, with 2,000 Instagram and 4,000 Facebook followers included. Seller financing is listed as available, and the business is described in the remarks as averaging approximately $100,000 in net income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sergio's Hacienda Restaurant Grayson's Port Angeles Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Angeles
    County
    Clallam
    State
    Washington
    Longitude
    -123.436619
    Latitude
    48.112357

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    FAQs

    What type of property is this?
    Conventional restaurant - Turnkey restaurant sale includes a fully automated commercial hood, walk-in cooler, and extensive cooking equipment.
    Where is this conventional restaurant located?
    The property is located at 205 E 8th St STE A Port Angeles, WA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Restaurant equipment package included, featuring a 10 ft fully‑automated Captiveair Type 1 commercial hoodvent with propane make‑up air; Commercial kitchen built with major cooking equipment: Cookright 48 in flattop griddle, 36 in 6‑burner range/oven combo, and two Cookright double fryers; Includes walk‑in cooler and additional refrigeration/freezing: U.S. Cooler walk‑in cooler and a top‑load freezer
    (206) 661-8467
    We can help!
    Listing Contact
    Jacob Wright
    Real Estate License ID: 23024363
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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