1310 Bay St Port Orchard, WA 98366-5113
- Drive through restaurants
- 1,830 SF
- 0.19 lot acres
Current Use by Public Records
- KFC / Chicken Restaurant / Fast Food Restaurant
Property Details for 1310 Bay St
- Year built
- 1969
- Lot size
- 0.19 lot acres
- Property size
- 1,830 SF
- Zone code
- CITY
- Property type
- Drive through restaurants
- APN
- 4042-001-001-0009
- APU
- 40420010010009
Description
This exceptional 1,830 square foot restaurant located at 1310 Bay Street in Port Orchard, Washington, presents a unique investment opportunity. Currently configured as a fully operational restaurant, this property boasts a convenient drive-thru, ideal for maximizing efficiency and customer convenience. The property is situated in a high-traffic area, benefiting from significant daily traffic counts of 14,000 vehicles on nearby Bethel Avenue. Significant road improvements are underway, commencing Spring 2023 and projected for completion by Fall 2023, further enhancing accessibility and visibility for the business. This turnkey operation is ready for immediate occupancy, offering a seamless transition for new owners. The property's location in Kitsap County, Washington, zip code 98366, provides easy access to a thriving community. The property is classified as retail, specifically a restaurant, and offers a substantial 1,830 square feet of space. This is an excellent opportunity for an established restaurant operator or a new entrepreneur looking to capitalize on a prime location and existing infrastructure. The property is offered for sale.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $750,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $750,000
- 6.5%
- $725,000
- 7%
- $805,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $825,000
- Geo Method
- $755,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $680,000
- Retail
- $785,000
- Mixed-Use
- $775,000
- Hospitality
- $865,000
- Educational
- $650,000
- Residential Income
- $755,000
- Energy
- $780,000
- Income-Based Land
- $630,000
- Food Service
- $815,000
Location Insight
- Map
- Local Demand
- City
- Port Orchard
- County
- Kitsap
- State
- Washington
- Longitude
- -122.627
- Latitude
- 47.5419
- CBSA code
- 14740
- CBSA name
- BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA