220 Forks Ave Forks, WA 98331
- Commercial real estate
Current Use by Public Records
- Sully's Drive-In / Restaurant
Property Details for 220 Forks Ave
- Year built
- 1967
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Forks
- County
- Clallam
- State
- Washington
- Longitude
- -124.386
- Latitude
- 47.9533
