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    Turnkey Restaurant with Equipped Kitchen Title is generated by Realmo AI

    K-800 164th St Se, Mill Creek, WA 98012

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    New
    For Sale
    $250,000

    Remodeled restaurant space with a fully equipped commercial kitchen and an efficient layout for dining and quick service concepts.

    Type:Business Opportunity
    Property size:
    1,320 SF
    Price / SF:
    $189/SF
    Added:
    Jun 26, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 1 at 2:54 am

    Property Features for K-800 164th St Se

    General Information

    Standard status
    Active
    Size
    1,320 SF
    Property subtype
    Business Opportunity

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    Hanna Lee
    Hanna Lee

    Listing office Keller Williams Realty PS

    Listing date Jun 26, 2026

    Source Exprealty

    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 Realty PS

    HighLights

    • Remodeled restaurant space totaling 1,320 SF with a modern interior and efficient layout for dining and service flow
    • Fully equipped commercial kitchen included, with high‑quality kitchen equipment for immediate operation
    • Set up for flexible food concepts, including casual dining, takeout, or specialty cuisine
    • Recent buildout designed to maximize kitchen workflow while keeping dining space functional and usable

    Overview

    This for-sale restaurant space totals 1,320 square feet and has been beautifully remodeled with a modern, well-designed interior. The layout is intended to support smooth kitchen workflow while preserving dining space, making it workable for a range of restaurant formats. A key feature is the fully equipped commercial kitchen, including high-quality equipment, which is presented as ready for immediate operation.

    The property is located at K-800 164th St Se in Mill Creek, Washington. It is offered as a turnkey option for a restaurant operator seeking a space that is already built out and configured for service.

    For buyers, this setup can fit an owner-operator or an experienced restaurateur looking to reduce buildout time by starting from an established kitchen and dining configuration. The combination of a remodeled interior and an equipped kitchen supports use cases such as casual dining, takeout, or specialty cuisine, depending on how an operator wants to run the floor plan. Because the space is described as ready to operate, it may appeal to tenants and operators prioritizing speed to opening with minimal downtime.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $29.0k $21.96
    − Vacancy −$1.6k −$1.21
    EGI $27.4k $20.75
    − OpEx −$6.8k −$5.19
    NOI $20.5k $15.56
    1,320 SF · lease $21.96/SF/yr · vacancy 5.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $293.5K
    $256.8K – $342.4K (±1% cap)
    NOI $20,545 @ 7.0% cap · market cap 8.22%
    Second Best
    Industrial
    $183.2K
    $160.3K – $213.7K (±1% cap)
    NOI $12,821 @ 7.0% cap · market cap 5.13%
    Theoretical Best
    Office A
    $368.1K
    $322.1K – $429.5K (±1% cap)
    NOI $25,769 @ 7.0% cap · market cap 10.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mill Creek
    County
    Snohomish
    State
    Washington
    Longitude
    -122.230383
    Latitude
    47.849049

    FAQs

    What type of property is this?
    Conventional restaurant - Remodeled restaurant space with a fully equipped commercial kitchen and an efficient layout for dining and quick service concepts.
    Where is this conventional restaurant located?
    The property is located at K-800 164th St Se Mill Creek, WA.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Remodeled restaurant space totaling 1,320 SF with a modern interior and efficient layout for dining and service flow; Fully equipped commercial kitchen included, with high‑quality kitchen equipment for immediate operation; Set up for flexible food concepts, including casual dining, takeout, or specialty cuisine
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