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Property profile & analytics
OFF-MARKET
Turn key restaurants

13016 Us Hwy 12 Packwood, WA 98361

1,802 SF 0.1 ac lot Built 1940
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US90-3278235
Property summary
AI-generated overview

This exceptional commercial property, located at 13016 US Hwy 12 in Packwood, WA, presents a unique investment opportunity. Priced at $575,000, the building enjoys a prime location in the heart of downtown Packwood, directly on the busy US Highway 12. Currently operating as a restaurant, the property includes two distinct dining areas, a fully equipped commercial kitchen, ample prep space, and a dedicated office area. Two bathrooms cater to both staff and patrons. The building also features a cozy propane fireplace, perfect for creating a warm and inviting atmosphere. Outside, a sizable yard provides additional space. The property boasts a substantial septic system incorporating a nibbler wastewater treatment unit, ensuring efficient and effective waste management. The sale includes the option to negotiate the purchase of some existing furniture and appliances. This location offers unparalleled access to recreational opportunities, being less than 30 minutes from the White Pass Ski Area and the Stevens Canyon Entrance to Mount Rainier National Park, attracting a steady stream of tourists and locals alike. This presents a strong foundation for a thriving business, whether continuing as a restaurant or adapting to another commercial use. The high visibility and convenient location make this a truly exceptional investment.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Construction WOOD
Total area 1,802 SF
Lot 0.1 ac (4,356 SF)
APN 11241000000
UPID US90-3278235
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nored INC · 9 yrs held
Nored INC
since 2017
4 recorded transactions
2017
Price N/A
2016
$160,000
2006
$60,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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