12968 US HWY 12, Packwood, WA 98361
12968 US HWY 12, Packwood, WA 98361
12968 US HWY 12, Packwood, WA 98361
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Ioannis Piliaris

Ioannis Piliaris

+1(360) 791-9795
Listed by:Keller Williams South Sound • Jenn Kaatz
$799,000
Est. payment /mo
8,712 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Commercial Industrial

Listing Status Active

Purchase Type For Sale

Subdivision Packwood

MLS Listing ID 2568526

Style 62 - Business Opp.

Year Built 1975

Annual Tax Amount $1,050

Lot Size 8,712 Sqft

Lot Dimensions 89'x112'x87'x119'

Property Sub-Type Commercial Industrial

Property Description

Own a thriving, turn-key burger restaurant at the gateway to Mt. Rainier National Park, White Pass Ski in Packwood, WA! For the owner ready to trade a paycheck for equity, the business is a rare live-work package: a proven, 15-year restaurant with an attached apartment, on Highway 12's main stream of hikers, skiers, and short-term-rental traffic heading to prime recreation areas. This isn't a startup — it's an established local favorite with 15 years of 4-star-plus reviews, ready for an operator who wants to run it as their own from day one. The sale includes the 1,833 SF building, a 588 SF attached apartment for on-site living, and the full FF&E and inventory needed to operate day one — walk-in and reach-in refrigeration, three-compartment dish sink, prep tables, deep fryer, four-burner gas grill and hood, POS system, indoor dining, and covered outdoor seating, parking for 11+ vehicles. No build-out, no equipment hunt — just an owner-operator ready to work. Numbers That Reward Hands-On Ownership! Gross sales have run $375,000 +/- annually since 2022, with a reported $162,000 net operating income and a 16% cap rate at the current asking price. Sales are seasonal, with June–September driving the bulk of revenue — leaving real upside for an on-site owner to extend hours, add offerings, or capture more of Packwood's growing tourism and short-term-rental demand outside peak months. The real estate is Zoned STMU, commercial, residential, STR okay.

Location

State WA

County Lewis

Area 436 - Morton

Interior

Flooring Ceramic Tile, Hardwood, Laminate, Vinyl

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Roof Type Metal

Building

Sewer Septic Tank

Water Community, Public, See Remarks

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/nhwvVT6JAWI?si=h105En_3Jr2BVHOb

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Ioannis Piliaris

Ioannis Piliaris

+1(360) 791-9795

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