Technical
Financial
Distress signals
Property profile

206 Sequim Ave Sequim, WA 98382

OFF-MARKET
Retail space
Property ID
US90-2962198
4,696 SF 0.21 ac lot Built 1930
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 206 N Sequim Avenue in Sequim, WA, presents a fantastic opportunity for a restaurant operator. The 0.21-acre lot houses a fully furnished and equipped restaurant, ready for immediate occupancy. The lease price is $3500. The interior boasts a comprehensive kitchen setup, including a large range hood, grill, gas cooktop, fryer, wok station, and ample preparation space. A dedicated dishwasher room is equipped with a dishwasher, rollers, dish racks, and a three-partition sink. Both walk-in freezer and cooler units are included. The property also features separate his and hers restrooms and a mop sink with a chlorine dispenser. A back room provides additional office or storage space. Two parking spaces are located at the rear of the building. The property benefits from an unparalleled location next to the town's only municipal parking lot and public restrooms, directly across from the town hall (and Saturday Farmers Market). Its central location, just a block from the town center, ensures high visibility and foot traffic. Prominent signage is featured on both the front and south side of the building. This is an ideal location for a thriving restaurant business.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 4,696 SF
Lot 0.21 ac (9,225 SF)
APN 330205001400000
UPID US90-2962198

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

206 Sequim Ave Sequim, WA 98382-3455
Sequim metro Census 2100 PORT ANGELES, WA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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