Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Turn key restaurants

    1917 Pacific Ave S, Long Beach, WA 98631

    6,001 SF 0.21 ac lot Built 1958
    Individually Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US90-1881726
    Property summary
    AI-generated overview

    This exceptional turnkey business opportunity encompasses a well-established restaurant, bar, and seafood market located at 1917 Pacific Ave S in Long Beach, WA, 98631. Independently owned and operated since 1958, this iconic establishment boasts a prime location on Highway 103, near major fishing ports, ensuring access to the freshest seafood. The 6,000 square foot building, constructed in 1958 and renovated in 2004, sits on a 38,000 square foot lot and offers 38 parking spaces. The property is zoned C1 and features a well-designed kitchen, prep area, and receiving station, streamlining operations. This complete package includes real estate, business, furniture, equipment, and inventory. The single-story building offers a seamless flow between the restaurant, bar, and retail seafood market. This is a rare chance to acquire a thriving, established business with significant potential for growth. The property's prime location and long-standing reputation make it an attractive investment for an owner-user seeking a profitable and established enterprise. A virtual tour is available.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1958
    Total area 6,001 SF
    Lot 0.21 ac (9,148 SF)
    APN 73026053005
    UPID US90-1881726
    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
    $675k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $703k
    Blend (final) Blend
    $700k
    Owner & transaction history
    Fernando Avelar · 4 yrs held
    Fernando Avelar
    since 2022
    Last sale
    $700,000
    1 recorded transaction
    2022
    $700,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message