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Milton, WA 98354

  • 0 Beds
  • 0 Baths
  • Business Opportunity
Listing# 1465400 | Active
Days On Market: 140 6 Views
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Property Details

Excellent business opportunity. Well established restaurant in a very busy shopping center with plenty of parking space. Dining room and bar with capacity over 140. Currently a Mexican restaurant but any type of cuisine will bring great revenue to this location. The area is growing rapidly with an increase in new construction homes and apartments and a strong need for a place like this. The restaurant is in tip top condition, has an alcohol license, all furnishings and equipment are included.

  • General Features
    • County Pierce
    • Commercial Category BusinessOpportunity
    • Business Type Restaurant
    • Franchise N
    • Hours of Operation Sun-Thur- 11-11 Fri-Sat 11-10
    • Lease Terms 3-5 Years
    • Licenses Alcohol
    • Major Type of Business Food and Beverage
    • Number of Employees 12
    • Year Established 2002
  • Property Features
    • Location Shopping Center
    • Lot Square Footage 0
    • Total Covered Parking 0
    • Total Uncovered Parking 0
  • Financials
    • Annual Gross Sales $866,000
    • Annual Rent $124,800
    • Annual Expenses $1
    • Inventory $140,000
    • Net Proceeds $1

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Neighborhood

98354 (Milton) Demographics

38Median Age
2,972Population Density (per sq. mile)
33%College Educated
$67,137 Estimated Median Income
1,710Estimated Total Home Owners
1,151Estimated Total Renters
60% / 40%Estimated Owner / Renter Divide
3Estimated Average Household Size
7,128Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$344,950 Median Sales Price
13 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: $225,000
      10/14/2019 7:11:15 PM Price Reduced Source New Value: $225,000 -10%
      5/30/2019 8:31:00 PM New in Database Source New Value: $250,000

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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.