$799,000
( )
 $4,289 est/mo Sourced by Back At You

12968 Us Hwy 12,Packwood, WA 98361

Packwood, WA 98361

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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.

Details

MLS #2568526
Listing TypeFor Sale
StyleCommercial Industrial
Sub-TypeResale
StatusActive
Year1975
Days On Site27
Listing Provided ByKeller Williams South Sound | Jenn Kaatz

Features

ZoningBusiness,Commercial,See Remarks
Acreage0.20

Taxes

Property1050

Area Information

StateWA
CountyLewis
CityPackwood
Zip Code98361
Area436 Morton
Community NamePackwood
Listing VS Median (in Packwood)
Price:
$799,000
low | high
Med:
$749,999
56.132790988736% of Average
On site:
27
low | high
Med:
7
100% of Average
Sourced by Back At You

Market Activity 98361

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Learn More About This Property

StateWA
CountyLewis
CityPackwood
Zip Code98361
Area436 Morton
Community NamePackwood
Listing VS Median (in Packwood)
Price:
$799,000
low | high
Med:
$749,999
56.132790988736% of Average
On site:
27
low | high
Med:
7
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $599K - $998K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
13006 US 12 Highway Property Photo 1
$500,000
13006 Us 12 Highway
Packwood, WA 98361
Listing Updated: August 18, 2026 at 9:44:22 AM PDT