13016 Us Hwy 12 Packwood, WA 98361
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.