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12968 Us Highway 12Packwood, WA 98361Price: $799,000

  • Price: $799,000
  • 6 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Aug 13, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $799,000List Price
  • 0.2Acreage
Listed by Jennifer Kaatz of Keller Williams South Sound
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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.

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Listing data courtesy of NWMLS as provided by MLS Grid as of August 18, 2026 3:04 PM UTC . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. 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.  The data is deemed reliable but is not guaranteed.

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