Restaurants in Washington available for sale
Turn Key Restaurants For Sale

Turn Key Restaurants for Sale in Washington, USA

More details for 520 4th Ave E, Olympia, WA - Retail for Sale

520 4th Ave E

Olympia, WA 98501

  • Turn Key Restaurant
  • Retail for Sale
  • $2,465,316 CAD
  • 8,400 SF
  • Restaurant

Olympia Retail for Sale - Downtown Olympia

520 4th Ave E, Olympia, WA 98501 – Historic Trophy Asset / Landmark Restaurant & Mixed-Use Building For Sale Rare opportunity to acquire a true trophy asset and one of downtown Olympia’s most recognizable landmark commercial buildings. Located on a prominent corner lot in the heart of downtown and just steps from Olympia City Hall, this 8,400 SF terra cotta–tiled Gothic Revival building offers a compelling blend of architectural character, restaurant infrastructure, and flexible mixed-use potential. The property was designed by renowned architect Joseph Wohleb and built by the Titus family, both instrumental in shaping Olympia’s historic downtown core. Originally part of the early Olympia Motors complex, the building historically served as Ford and later Chevrolet dealership offices and showroom space, before later use as a computer store and, most recently, a restaurant and bar. County records list the construction date as 1927, while historical society references cite 1923. A major change of use occurred in 1988, converting the building to office space and subsequently to a bar and restaurant. Significant renovations were completed in 1999 for anchor tenant Ramblin Jacks, modernizing systems and food-service infrastructure while preserving the building’s historic character. Property Overview Total Building Size: 8,400 SF Lot Size: 0.17-acre corner lot Architecture: Terra cotta–tiled Gothic Revival Construction: Steel-reinforced concrete Stories: Two Historic Designer: Joseph Wohleb Original Builder: Titus family Location: Prime downtown corner, walking distance to Olympia City Hall, Capitol Campus, and core retail and dining amenities Current Configuration 6,136 SF restaurant and bar space 1,200 SF office space 1,064 SF storage / warehouse space 812 SF private banquet / event room, ideal for private dining, meetings, receptions, and catered events The dedicated banquet room provides a separate, monetizable revenue stream for private parties, corporate events, civic gatherings, and special functions, particularly given the building’s close proximity to City Hall, government offices, and downtown venues. Restaurant & Food-Service Infrastructure Two (2) walk-in coolers Two (2) commercial vent hoods One (1) Wood Stone brand wood-fired pizza oven with dedicated ventilation hood Full commercial kitchen layout Bar and dining room configuration Existing grease and utility infrastructure from long-term restaurant use Location & Market Appeal Prominent corner location in downtown Olympia Immediate proximity to Olympia City Hall, government offices, and Capitol Campus Strong pedestrian traffic and daytime population from nearby civic, legal, and office uses Surrounded by retail, dining, cultural venues, and downtown employers Investment Highlights Rare trophy asset and iconic landmark building in downtown Olympia Distinctive historic architecture with exceptional branding and placemaking value Turn-key restaurant infrastructure including venting, walk-ins, and pizza oven Dedicated 812 SF banquet / event room with independent income potential Flexible layout allowing full-building owner occupancy or partial leasing Suitable for restaurant, bar, brewery, tasting room, creative office, showroom, or mixed-use concepts Strong appeal for owner-occupants seeking long-term control of a generational asset Equally attractive for investors pursuing a historic, income-producing trophy property Sale Opportunity The building is offered for sale and represents an exceptional opportunity to acquire a generational trophy asset and downtown Olympia landmark. Its combination of location, architectural significance, proximity to City Hall, and existing restaurant build-out creates a rare offering that is difficult to replicate.

Contact:

Van Dorm Realty Inc

Property Subtype:

Restaurant

Date on Market:

2026-01-21

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More details for 400 Pacific Ave N, Long Beach, WA - Retail for Sale

400 Pacific Ave N

Long Beach, WA 98631

  • Turn Key Restaurant
  • Retail for Sale
  • $1,301,139 CAD
  • 12,632 SF
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More details for 3315 W Court St, Pasco, WA - Retail for Sale

Business Sale - 3315 W Court St

Pasco, WA 99301

  • Turn Key Restaurant
  • Retail for Sale
  • $116,418 CAD
  • 1,903 SF
  • 1 Unit Available
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More details for 1214 S 6th St, Yakima, WA - Retail for Sale

1214 S 6th St

Yakima, WA 98901

  • Turn Key Restaurant
  • Retail for Sale
  • $616,329 CAD
  • 3,680 SF
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More details for 7000 W Okanogan Pl, Kennewick, WA - Retail for Sale

7000 W Okanogan Pl

Kennewick, WA 99336

  • Turn Key Restaurant
  • Retail for Sale
  • $2,602,278 CAD
  • 4,121 SF
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More details for 3200 W Clearwater Ave, Kennewick, WA - Retail for Sale

3200 W Clearwater Ave

Kennewick, WA 99336

  • Turn Key Restaurant
  • Retail for Sale
  • $2,465,316 CAD
  • 5,018 SF
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More details for 1201 Bay Ave, Ocean Park, WA - Retail for Sale

Ocean Park Restaurant & Bar - 1201 Bay Ave

Ocean Park, WA 98640

  • Turn Key Restaurant
  • Retail for Sale
  • $614,959 CAD
  • 1,984 SF
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More details for 1421 Pioneer Hwy, Stanwood, WA - Retail for Sale

Willow & Jim's Country Cafe - 1421 Pioneer Hwy

Stanwood, WA 98292

  • Turn Key Restaurant
  • Retail for Sale
  • $3,013,164 CAD
  • 3,256 SF
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Turn Key Restaurants For Sale

Turn Key Restaurants

A turn key restaurant is in its simplest definition is an existing restaurant business that is bought and paid for, ready to open or continue its operations. So why would anyone want to invest in a turn key restaurant?  There are several reasons they make sense for investors.

  1. Turn Key Restaurant Businesses Are Less Risky Than Starting From Scratch

    Every business has risks and investing in turn key restaurants can be a good way to mitigate a few of them. When you buy an existing business, you are paying for the right to run it as the current owner does. By contrast, when you start from scratch you have no track record to use as a measure of success or failure.
  2. Turn Key Restaurants Mean You Can Start Up Quickly And Focus On The Business

    The faster you can get your new business open the better. Turn key restaurant businesses are attractive because they have everything in place for you when it is time to open up shop.  This means that all the work of finding a location, getting financing, hiring staff and buying the equipment for your business are handled by the seller.  This gives you time to focus on building a customer base rather than spending weeks or even months doing work that has nothing to do with running your business.
  3. Turn Key Restaurants Give Investors The Chance To Make More Money Than Starting From Scratch

    Once you have your business running you will have to keep it going or else lose money and the chance to ever make money at all.  This is not true with a turn key restaurant.  The restaurant is up and running so there are no start up costs for the new owner, just some minor expenses like licensing fees that need to be paid but not the expenses of buying all your business equipment.  This means that you have a few ways to make more money with less investment than if you bought a restaurant from scratch.

What should I look for in a turn-key restaurant?

While the turn key restaurant market has a lot of gems for potential investors, it is still important to remember that you are investing in a business. To make sure you get the best return on your investment, pay attention to these three things:

  • Location Is Everything

    Just like any other business, location is important when you buy a restaurant. Where your turn key restaurant is located can have a huge impact on how successful it will be. When choosing an area look at the population density and look for areas where there is demand for restaurants.

  • What Kind of Restaurant Are You Investing In?

    A restaurant's concept and niche is also a major consideration when choosing where to invest your money.  Your turn key restaurant should match the needs of the area you are investing in.  This means that not all restaurants will have equal success, especially if they don't meet people's expectations. Make sure you choose a restaurant that will be able to suit your area and get repeat customers.
  • Is It a fully equipped restaurant?

    It is important that the turn key restaurant you choose has everything in place to run.  If there are missing pieces or need for renovations, this could cost you more money down the line and make managing your business much harder too.  Make sure the equipment is ready to go in proper working order. Really take the time to look around, and make sure you do proper due diligence inspecting the condition of your turn key restaurant.
  • Is it a profitable restaurant?

    Understand that just because the restaurant is profitable does not mean it will be for you. When you buy a turn key business, anything that affects profit in your area also impacts the business.  Make sure to evaluate whether or not there are factors going on in the area that would have an impact on sales. Ensure that you have a CPA or similar look at the books of your turn key business so that you have a realistic idea of what the profits could be for you down the line. Examine the competition to understand future growth issues. Some areas are going to have more competition than others. If you buy a restaurant and soon after open another one opens up across the street this can make it harder to stay in business, especially in the short term. The key to getting a good return on your investment into a turn key restaurant. it can be hard to succeed if you buy a business that isn't making money in its current state, so ensure you have a strong business and marketing plan in place.
  • Is It Really a Turn Key Restaurant?

    The best way to make sure that the business is turn key is by researching every facet of it.  You should read any books or manuals about running the business, interview current employees, contact former owners, speak with customers and do anything else you can to get a full picture of what you are buying.  You don't want to find out that the business is not as turn key as you thought after you've paid for it.

Investing in turn-key restaurants can be a lucrative, low-risk way to get into the restaurant industry.

 

Looking to lease a Turn Key Restaurant? View Turn Key Restaurants for lease