5500 Olympic Dr NW Unit 104 $180,000

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    5500 Olympic Dr NW Unit 104 Gig Harbor, WA 98335

    • 0 Beds
    • 0 Baths
    • Business Opportunity
    Listing# 1446647 | Active

    $180,000

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    Days On Market: 150 0 Views
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    Property Details

    Location Location Location! Well-maintained and beautiful Chinese restaurant located just off Highway 16 & South Gig Harbor’s #1 volume interchange. High volume drug anchored center. Excellent opportunity for future owners to create extra income revenues with different management strategies based on the current steady stable business. This is the only Chinese restaurant in the neighborhood that creates huge potentials to grow!!!

    • General Features
      • County Pierce
      • Commercial Category BusinessOpportunity
      • Major Type of Business Food and Beverage
      • Business Type Restaurant
      • Hours of Operation 7 days a week
      • Franchise N
      • Year Established 1990
      • Number of Employees 6
      • Lease Terms Assignable
      • Licenses Alcohol
    • Property Features
      • Total Covered Parking 0
      • Total Uncovered Parking 50
      • Lot Square Footage 0
      • Location Shopping Center
    • Financials
      • Annual Gross Sales $450,000
      • Annual Rent $115,000
      • Annual Expenses $270,000
      • Inventory $0
      • Net Proceeds $65,000

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    Neighborhood

    98335 (Gig Harbor) Demographics

    45Median Age
    1,157Population Density (per sq. mile)
    56%College Educated
    $81,574 Estimated Median Income
    7,094Estimated Total Home Owners
    2,687Estimated Total Renters
    73% / 27%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    25,830Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $538,500 Median Sales Price
    38 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $180,000
        4/26/2019 1:01:00 PM New in Database Source

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.