206 Sequim Ave Sequim, WA 98382-3455
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.