Property Details
12968 US HWY 12
Packwood, WA 98361
$799,000
Active
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Property Overview
Prime Cash-Flow Investment – Packwood, WA Secure a high-cap-rate asset combining profitable operations and appreciating real estate at the gateway to Mt. Rainier, White Pass Ski Area, and STR concentration. This 1,833 SF turnkey restaurant with 588 SF apartment space, covered outdoor seating, and 11 parking spots delivers strong income, expansion potential, and proven performance with 15 years of 4-Star+ reviews. Includes land, building, FF&E, and inventory. Zoned STMU for growth—convert, expand, or lease. Solid returns, limited competition, and owner financing! Invest where people come to play & Adventure Meets Opportunity! Proven ROI! Income Producing Asset! Strong NOI & Consistent Returns! Hwy 12 Frontage! Schedule a showing!
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Lewis
Neighborhood
Packwood
Listed
May 6, 2025
Original Price
$998,000
Structure Type
Mixed Use
Parcel Number
035220001004
Tax & HOA
Annual Property Tax
$1,050 (2024)
Est. Monthly Tax
$88/mo
Financial Summary
Cap Rate
16.00%
Net Operating Income
$162,000
Gross Scheduled Income
$293,372
Gross Rent Multiplier
3.40
Total Expenses
$150,201
Building & Use
Building Sq Ft
1,833
Zoning
Business,Commercial,See Remarks
Possible Use
Business, Commercial, See Remarks
Lot Size
8,712 sqft
Year Built
1975
Exterior & Lot
Lot Size
0.20 sqft
Year Built
1975
Exterior Materials
Wood
Sewer
Septic Tank
Water Source
Community, Public, See Remarks
Exterior Features
Wood, Wood Products
Community & Access
Directions
US 12 – center of Packwood, South Side, can't miss the orange and yellow building!
Location
City
Packwood
County
Lewis
Coordinates
46.60377, -121.67296
Additional Information
Tax Year
2024
Annual Taxes
$1,050
Possession
Array
Based on information submitted to the MLS GRID as of June 1, 2026 11:14 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
