Active · Commercial Sale

12968 US HWY 12 , Packwood, WA 98361

Packwood, WA 98361

$799,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Keller Williams South Sound · MLS #2568526 · Active

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About this property

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.

Property details

Property type: Commercial Industrial
Year built: 1975
Lot size: 8,712 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $1,050 (2025)
Parking spaces: 11

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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