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31078226
24175375

12968 US-12, Randle, WA 98377 For Sale

JK
WA 132906
Keller Williams South Sound
Listed by Keller Williams South Sound
$799,000
391 days on market
Updated 9 days ago

Cliff Droppers PACKWOOD 12968 US-12

Details
APN 035220001004; 2180488
Property Type Mixed Use, Retail
Sub Type Restaurant, Storefront
Cap Rate 16.00%
NOI $162,000
Occupancy 100%
Price per SqFt $412
Year Built 1975, 1985
Buildings 1
Stories 1
Acreage 0.200
Zoning STMU
Parking Spaces 11 spaces
Investment Type Owner/User

Untapped potential for real estate plus business near Mt Rainier!

Marketing description

Prime Location! High-Return, heart of Packwood, WA! (Address reflects Randle - it’s Packwood) Own a thriving, turn-key burger restaurant with real estate at the gateway to Mt. Rainier National Park and White Pass Ski area! Covered outside dining area, with entrance for another business. The apartment, with separate entrance, has potential as an Airbnb or apartment rental. High traffic & tourism! Endless possibilities! Contact Jenn for additional information & a showing today!

Investment highlights

  1. Turn-Key Restaurant + Real Estate Package
    Rare opportunity to acquire both a profitable, operating restaurant and the underlying real estate in one transaction.

  2. Established, Proven Business (Since 2010)
    Cliff Droppers is a beloved local and tourist destination with 15+ years of 4-Star+ reviews and a strong repeat customer base.

  3. Strong Financial Performance
    Approx. $315,000 gross revenue with ~$108,000 net income annually; open and operating with immediate cash flow.

  4. Prime HWY 12 Frontage – Packwood, WA
    High-visibility location at the gateway to Mt. Rainier National Park & White Pass Ski Area, benefiting from year-round tourism and traffic.

  5. Flexible Mixed-Use Zoning (SMU)
    Small Town Mixed Use zoning allows for restaurant, retail, residential, and mixed-use configurations. can be Commercial and/or Residential

  6. Income Expansion Potential
    Opportunity to increase revenue by expanding hours, adding beer/wine service, utilizing the second entrance for an additional business, and activating unused space.

  7. Value-Add Apartment / STR Opportunity
    588 SF unfinished apartment with separate entrance, full bath, and loft—ideal for short-term rental, employee housing, owner occupancy, or office use.

  8. Efficient Site & Parking
    0.20-acre lot (8,712 SF) with 11 parking spaces, covered outdoor dining, ample storage, and flexible layout.

  9. Dual-Entrance Building Design
    1,833 SF restaurant configured for potential two separate businesses or complementary uses.

  10. Complete Asset Sale
    Includes real estate, equipment, fixtures, furniture, inventory, and business assets—fully operational from day one.

  11. Owner Transition Support
    Sellers are retiring and willing to train and assist new owner(s) for a smooth transition.

  12. Not a Franchise Resale
    Independent operation with full branding and operational control retained by buyer.

Listing Contacts

JK
WA 132906
Keller Williams South Sound
Listed by Keller Williams South Sound

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$162,000.00
$13,500.00/mo

Valuation Metrics

0
DSCR
20.28%
Cap Rate
20.28%
ROI

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Additional Information

Name
Jenn Kaatz
License
132906
Brokerage
Jenn Kaatz
Brokerage Phone
3603891352
Title
Broker
Brokerage Address
676 Woodland Square Loop Southeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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