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Established Restaurant in Tourist Town
For Lease
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218 Main Ave E, Soap Lake, WA 98851

Profitable Italian-Brazilian fusion restaurant with growth potential in Soap Lake.

Space Size1,450 SF
Days on Market622

Property Features for 218 Main Ave E

General Information

Standard status Active
Size 1,450 SF
Total Parking Spaces 4
Property subtype Restaurant

Building Details

Building Size 1,450 SF
Tenancy Single

Spaces For Lease

at 218 Main Ave E Contact us

Available Space

Size
1,450 SF
Type
Restaurant
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Keller Williams Columbia Basin
Listed By: Raymond Gravelle · License #WA 104264
Source: Crexi
Added: Dec 6, 2024 Changed: Aug 8 Last Checked: Aug 19 at 5:38PM

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 Keller Williams Columbia Basin

Investment Insights

Based on property information with market context.

This established restaurant, a culinary landmark in Central Washington, is available for lease. Known for its Italian-Brazilian fusion cuisine prepared in a custom-made wood-fired oven, the restaurant attracts a loyal customer base. The turnkey operation, established in 2018, includes an outdoor patio and all necessary equipment. The assignable NNN lease features favorable terms for the 1,450-square-foot building, located in the tourist town of Soap Lake. The business demonstrates substantial growth potential through expanded hours and the addition of takeout services. Gross sales in 2024 exceeded $543,000, with a net profit of $233,278, representing a 42.9% margin. A 1,200+ square foot commissary is located across the street. The owner is retiring and may consider a silent partnership.

Key Highlights

  • Highly profitable, turnkey restaurant operation with $233,278 Net Profit (42.9% margin) in 2024.
  • Established business (since 2018) with loyal customer base and unique Italian‑Brazilian fusion cuisine.
  • Significant growth potential through expanded hours and takeout service.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Repair Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
Well-served
Demand for This Use

Demographics for 98851, WA

4,472
Population
2,078
Households
2.2
Avg Household Size
46
Median Age
15%
College-Educated
86%
High-School Grad
146.1 sq mi
ZIP Area
31
Density / Sq Mi
$67,009
Median Household Income
$35,124
Median Earnings
$902
Median Rent
$240,500
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Profitable Italian-Brazilian fusion restaurant with growth potential in Soap Lake.
Where is this conventional restaurant located?
The property is located at 218 Main Ave E Soap Lake, WA.
What are key features of this property?
This property features: Highly profitable, turnkey restaurant operation with $233,278 Net Profit (42.9% margin) in 2024.; Established business (since 2018) with loyal customer base and unique Italian‑Brazilian fusion cuisine.; Significant growth potential through expanded hours and takeout service.
(509) 764-8200 Call to check price and availability
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