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Former Sonic Drive-Through Restaurant
For Sale
$2,600,000

21895 Viking Ave NW, Poulsbo, WA 98370

Corner-site restaurant with a double-entry drive-thru, canopy, parking, and prominent pylon signage.

Property Size2,308 SF
Price / SF$1,126
Days on Market92

Property Features for 21895 Viking Ave NW

General Information

Standard status Active
Size 2,308 SF
Property subtype Restaurant

Site & Location

Drive-Thru Yes
Pylon Signage Yes
Traffic Count 74,000 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

OWNER/USER OR VALUE-ADD OPPORTUNITY
DRIVE-THRU PERMITTED W/ EASY INGRESS/EGRESS AND PROMINENT SIGNAGE
HIGH-TRAFFIC, HIGH-VISIBILITY LOCATION (74,000+ VPD)
HISTORY OF STRONG SALES
ROBUST RETAIL TRADE AREA
FLEXIBLE ZONING | C-3: SR 305 CORRIDOR
STRATEGIC LOCATION IN AFFLUENT, HIGH POPULATION GROWTH MARKET
HIGH BARRIER-TO-ENTRY MARKET WITH STRONG RENT GROWTH

Building Details

Building Size 2,308 SF
Buildings 1
Listing Agency: Seattle Office
Listed By: Clayton J. Brown · License #License(s): WA: 123258, ID: SP56979
Source: Marcusmillichap
Added: Jun 1 Changed: Aug 30 Last Checked: Aug 30 at 4:01PM

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 Seattle Office

Investment Insights

Based on property information with market context.

Former Sonic Drive-In property with a 2,308-square-foot building, an approximately 2,750-square-foot canopy, a double-entry drive-thru, and ample parking. The existing improvements can support continued restaurant use, while the parcel may also be redeveloped. Zoning explicitly permits drive-thrus and supports retail, office, hospitality, health services, mixed-use, and residential uses.

The property occupies the corner of Viking Way and State HWY 305 near HWY 3, with reported exposure to more than 74,000 vehicles per day. Access includes a protected left-turn lane, and the site has prominent pylon signage. It is positioned along commute and school routes, near multiple schools, and next to the North Viking Transit Center/Park & Ride.

Within three miles, average household income exceeds $131,000, while population growth since 2010 exceeds 12 percent in the same area and 30 percent within one mile.

Key Highlights

  • 2,308 SF restaurant building with an approximately 2,750 SF canopy
  • Double‑entry drive‑thru with ample parking
  • Zoning explicitly permits drive‑thrus and multiple commercial and residential uses

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Pharmacy Electrical Service

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

74,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby
129k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 26% Electronics 4% Home Improvements & Furnishings 1%
Starbucks Dining
23,089 visits/mo 0.5 miles
Taco Bell Dining
19,208 visits/mo 0.4 miles
Wendy's Dining
17,865 visits/mo 0.5 miles
AMPM Shops & Services
16,033 visits/mo 0.1 miles
Petco Shops & Services
12,266 visits/mo 0.5 miles

Demographics for 98370, WA

32,857
Population
13,849
Households
2.4
Avg Household Size
45
Median Age
45%
College-Educated
95%
High-School Grad
56.3 sq mi
ZIP Area
584
Density / Sq Mi
$109,416
Median Household Income
$56,754
Median Earnings
$1,757
Median Rent
$587,000
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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Corner-site restaurant with a double-entry drive-thru, canopy, parking, and prominent pylon signage.
Where is this drive through restaurant located?
The property is located at 21895 Viking Ave NW Poulsbo, WA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 2,308 SF restaurant building with an approximately 2,750 SF canopy; Double‑entry drive‑thru with ample parking; Zoning explicitly permits drive‑thrus and multiple commercial and residential uses
More about this property
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