1467 Olney Ave Port Orchard, WA 98366
- Drive through restaurants
- 2,420 SF
- 0.65 lot acres
Current Use by Public Records
- Drive through restaurants
Property Details for 1467 Olney Ave
- Year built
- 1989
- Lot size
- 0.65 lot acres
- Property size
- 2,420 SF
- Zone code
- CITY
- Property type
- Drive through restaurants
- APN
- 302402-3-046-2000
- APU
- 30240230462000
Description
This exceptional investment opportunity presents a 2,420-square-foot free-standing restaurant building situated on a sizable 28,314-square-foot lot in Port Orchard, Washington. Built in 1989, the property boasts a convenient drive-thru lane, ample parking, and excellent visibility at a high-traffic intersection with over 35,000 vehicles passing daily. The property is zoned CC and features a desirable location with strong demographics. The building's former use as a Jack in the Box restaurant provides a solid foundation for a variety of food service concepts. Its strategic placement offers significant advantages, benefiting from co-tenancy with established businesses such as Starbucks, McDonald's, Tractor Supply Co., and Albertsons, ensuring high foot traffic and brand recognition. The property's APN is 302402-3-046-200, and the address is 1467 Olney Ave SE, Port Orchard, WA 98366. This turnkey property is priced at $1,600,000 and presents a compelling opportunity for investors seeking a high-return, established location in a thriving community. The property's size and location make it ideal for a variety of restaurant concepts, offering significant potential for growth and profitability.
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
- Port Orchard
- County
- Kitsap
- State
- Washington
- Longitude
- -122.607
- Latitude
- 47.5343
- CBSA code
- 14740
- CBSA name
- BREMERTON-SILVERDALE, WA METROPOLITAN STATISTICAL AREA
