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Riverfront Restaurant Building
For Sale
$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.

Property SizeContact for details
Days on Market103

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
Source: Exprealty
Added: May 25 Changed: Aug 20 Last Checked: Sep 2 at 2:40AM

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.

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

Current Use

Cedars at Pier One Restaurant

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Pet Grooming 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.

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

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

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?
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 asking price?
The asking price for this property 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.
More about this property
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