James & Angie Smith

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Listing provided courtesy of Keller Williams South SoundNWMLSas Distributed by MLSGrid- MLS# NWM2370488MLS Provider

12968 US HWY 12Packwood, WA 98361

Commercial · 0.20 Acres
$799,000 Active

12968 US HWY 12 Overview

Visits:
20

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!

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12968 US HWY 12 Facts & Features

  • Type Commercial
  • Lot 0.20 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

Income/Expenses

  • Other Expense: 131453
  • Electric Expense: 3374
  • Fuel Expense: 2200
  • Gross Scheduled Income: 293372
  • Insurance Expense: 7245
  • Net Operating Income: 162000
  • Total Expenses: 150201
  • Water/Sewer/Garbage: 4879

Building Information

  • Year Built: 1975

Location/Region

  • Country: US
  • County Or Parish: Lewis
  • MLS Area Major: 436 - Morton
  • Subdivision Name: Packwood

Tax Information

  • Tax Annual Amount: $1,050.00
  • Tax Year: 2024

General Information

  • Listing Terms: Cash, Conventional
  • Parcel Number: 035220001004
  • Possible Use: Business,Commercial,See Remarks
  • Property Condition: Good
  • Property Sub Type: Commercial Industrial
  • Property Type: Commercial Sale
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Approximate Building Square Feet: 1833
  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Foundation Details: Pillar/Post/Pier, Poured Concrete, Slab
  • Heating: Yes
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric,Propane,See Remarks

Exterior

Parking Information

  • Open Parking: No
  • Parking Uncovered Total: 11

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.2
  • Lot Size Dimensions: 89'x112'x87'x119'
  • Lot Size Square Feet: 8712
  • Lot Size Units: Square Feet
  • Site Frontage: 87
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Community, Public, See Remarks

Building Exterior/Construction

  • Roof: Metal
  • Structure Type: Mixed Use

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood, Wood Products
  • Number Of Units Total: 0
  • Sewer: Septic Tank

12968 US HWY 12 Neighborhood

Community

98361 (Packwood) Demographics

60
Median Age
2
Population Density (per sq. mile)
29%
College Educated
$41,763
Estimated Median Income
287
Estimated Total Home Owners
94
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

12968 US HWY 12 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

12968 US HWY 12 Market Data

Based on the last 30 days in this zip code

$776,447
Average List Price
$510
Average Price per Square Foot
5
Properties Sold
51
Average Days on Market
40
Properties for Sale
Calculations provided by Reliance Network

12968 US HWY 12 History

Date Event Value Agent
5/29/2026Source: NWMLS Price Reduction
$799,000 -11.1%
11/3/2025Source: NWMLS Price Reduction
$899,000 -9.9%
5/6/2025Source: NWMLS Added to Database
May 06, 2025