7000 Okanogan PlKennewick, WA 99336

  • Turn key restaurants
  • 4,121 SF
For Sale
$2,100,000 View listing

Property Details for 7000 Okanogan Pl

Year built
2007
Construction
CONCRETE
Lot size
0.96 AC
Property size (Sq ft)
4,121 SF
Property type
Turn key restaurants
APN
132992000015000
APU
132992000015000

Description

This exceptional turnkey restaurant opportunity is located at 7000 W Okanogan Pl, Kennewick, WA 99336, in the thriving Vista Field area. The property boasts 4,121 square feet across two stories within a single building situated on a 0.53-acre lot (APN: 132992BP5926002). Zoned for commercial use, this property offers a fully equipped restaurant with all furniture, fixtures, and equipment (FF&E) included in the sale price of $2,100,000. The sale encompasses both the real property and the established business. A mezzanine level above the main dining area provides additional seating capacity, and a patio offers further outdoor dining options. This prime location offers excellent visibility and accessibility off Grandridge and Okanogan. Detailed business financials are available upon execution of a non-disclosure agreement (NDA). This is a rare opportunity to acquire a thriving restaurant with all assets in place, ready for immediate operation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,234,393
    6.5%
    $1,139,440
    7%
    $1,058,051
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,214,169
    Geo Method
    $2,214,169
  • Alternative Use

    Use
    Valuation
    Residential
    $961,160
    Hospitality
    $880,418
    Educational
    $732,497
    Medical
    $757,689
    Retail
    $1,139,440
7000 Okanogan Pl, Kennewick, Washington

Location Insight

City
Kennewick
County
Benton
State
Washington
Latitude
46.2237
Longitude
-119.214
CBSA code
28420
CBSA name
KENNEWICK-RICHLAND-PASCO, WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$166,530
$809,670
$976,200
-
$166,530
$809,670
$976,200

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