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Property profile & analytics
OFF-MARKET
Commercial real estate

220 Forks Ave Forks, WA 98331

Built 1967
Property ID
Property summary
AI-generated overview

This exceptional commercial property presents a rare opportunity to acquire a long-standing, successful restaurant in the thriving Forks, WA community. Situated on over 0.77 acres of prime Highway 101 frontage, this established business boasts a rich history and consistent growth. Originally built in 1967 as a drive-in, the property has been thoughtfully expanded to include indoor dining, currently accommodating 70 seats (as of September 2021). The property benefits from convenient access to city water and sewer, and PUD power. Ample parking is available, with potential for further expansion given the significant lot size. The sale includes the real estate, existing equipment, and the established business, offering substantial blue-sky potential. This unique offering comprises six individual lots, presenting diverse development possibilities for a savvy investor. The property's location on a major highway ensures high visibility and accessibility, making it an ideal investment for a seasoned restaurateur or a developer seeking a profitable venture in a rapidly growing area. The combination of a proven business model and significant land provides a compelling opportunity for substantial returns.

Property profile
Verified
Property type Commercial real estate
Year built 1967
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sully's Drive-In Restaurant
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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