15029 W Thorne Ln SW, Lakewood, WA 98498
For Sale
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This exceptional commercial property presents a unique opportunity to acquire a well-established and profitable restaurant in the thriving city of Lakewood, WA. Located at 15029 W Thorne Lane SW, this turnkey operation boasts a prime location at the doorstep of Joint Base Lewis-McChord (JBLM), ensuring high visibility and consistent customer traffic. The 0.21-acre lot houses a restaurant that has enjoyed over 20 years of success, cultivating a loyal customer base and a strong reputation within the community. Currently operating as a successful teriyaki and Chinese restaurant, the business is known for its easy operation, requiring only one part-time employee in addition to the owner. The current owner is planning retirement, making this a truly motivated sale. Sales have remained steady and are showing an increase in 2023 and into 2024, demonstrating the ongoing viability and potential for growth. The property is equipped with everything needed to immediately begin operations, allowing for a seamless transition. The existing setup is ideal for a new owner to continue the current concept or implement their own culinary vision. Convenient freeway access and high foot traffic from JBLM make this a highly desirable location. The roof was recently replaced in 2021, ensuring long-term structural integrity. This is a rare chance to own a profitable, established business in a prime location. Priced at $680,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NC2 · Lakewood, WALakewood. Always verify with local authorities before improvements.
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.