Riverfront Restaurant
For Lease
$2,500,000
355 Clover Island Dr, Kennewick, WA 99336
For sale as a complete restaurant facility, including building, fixtures, equipment, and furniture on transferable leased land.
Space SizeContact for details
Days on Market112
Property Features for 355 Clover Island Dr
General Information
Standard status
Active
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$10,059
Listing Agency:
River Realty Inc
Listed By:
Carrie Lundgren
(509) 948-0580
Source:
Exprealty
Added: May 25
Changed: Sep 11
Last Checked: Sep 12 at 3:04PM
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 River Realty Inc
Investment Insights
Based on property information with market context.
This iconic riverfront restaurant building has been home to the Cedars Restaurant since 1977. The sale includes the building along with fixtures, equipment, and furniture, and does not include a business opportunity. The current business, Cedars at Pier One, will continue to operate until the building is sold, and the owners do not intend to open another restaurant.
The building is situated on land leased from the Port of Kennewick. The long-term land lease is transferable to the new owner, and the business name can be released at no cost if the buyer chooses to use it. Inventory remains negotiable.
Positioned as an established restaurant site, this property is offered as a turn-key building package for a new concept.
The building is situated on land leased from the Port of Kennewick. The long-term land lease is transferable to the new owner, and the business name can be released at no cost if the buyer chooses to use it. Inventory remains negotiable.
Positioned as an established restaurant site, this property is offered as a turn-key building package for a new concept.
Key Highlights
- For sale as a complete restaurant facility: includes the building, fixtures, equipment, and furniture.
- Riverfront property with the Cedars Restaurant operating since 1977.
- Land is leased from the Port of Kennewick; the long‑term land lease is transferable to the new owner.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
427
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 100%
Ferguson
Home Improvements & Furnishings
1,079 visits/mo
0.4 miles
Fastenal
Home Improvements & Furnishings
947 visits/mo
0.3 miles
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale as a complete restaurant facility, including building, fixtures, equipment, and furniture on transferable leased land.
Where is this conventional restaurant located?
The property is located at 355 Clover Island Dr Kennewick, WA.
What is the lease rate?
The lease rate is $2,500,000.
What are key features of this property?
This property features: For sale as a complete restaurant facility: includes the building, fixtures, equipment, and furniture.; Riverfront property with the Cedars Restaurant operating since 1977.; Land is leased from the Port of Kennewick; the long‑term land lease is transferable to the new owner.
