Auburn, Washington, offers a unique opportunity for investors to capitalize on the city's growing demand for dining experiences. With 1 restaurants for sale, Auburn presents a diverse range of investment options, from casual eateries to fine dining establishments. Restaurants in Auburn can represent a variety of investments, including standalone buildings,strip mall locations, and even historic landmarks. The city's amenities, such as the Auburn Medical Center, Emerald Downs thoroughbred racetrack, and the Outlet Collection Seattle, attract visitors and locals alike, creating a steady stream of potential customers. Auburn's location, with easy access to State Route 167 and State Route 18, makes it an ideal spot for restaurants catering to commuters and travelers. The city's educational institutions, including Green River College, also contribute to a diverse population with a range of dining preferences. With its rich history, cultural attractions, and growing population, Auburn is an attractive location for business and travel, making it an excellent choice for restaurant investors.
Auburn's restaurant scene is just one aspect of the city's diverse commercial landscape. In addition to restaurants, investors can also explore opportunities in apartment buildings, shopping centers, specialty properties, and hotels. Apartment buildings in Auburn offer a chance to capitalize on the city's growing population, with many residents seeking convenient, amenity-rich living options. Shopping centers, such as the Outlet Collection Seattle, provide a hub for retail activity, attracting visitors from across the region. Specialty properties, like the historic landmarks and buildings, offer unique investment opportunities for those looking to restore and repurpose iconic structures. Hotels, catering to the city's growing tourism industry, provide a chance to tap into the demand for accommodations from visitors attending events at Emerald Downs or exploring the city's cultural attractions. With its diverse range of commercial properties, Auburn presents a compelling investment opportunity for those looking to capitalize on the city's growth and development.
What is the average cost per square foot for a restaurant in Auburn?
The average cost per square foot for a restaurant in Auburn is $144 USD per square foot, with an average size of 41,652 square feet and a largest size of 41,652 square feet, among the 1 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Auburn?
When evaluating the value of a restaurant for sale in Auburn, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Auburn Transit Center and State Route 167, as well as access to a large customer base, such as the Outlet Collection Seattle and Emerald Downs, influencing foot traffic and revenue potential.
- The restaurant's size, with an average size of 41,652 square feet, and condition, including the quality of equipment and overall ambiance, affecting operational efficiency and customer appeal.
- Financial performance, including the average cap rate of 3.49% and sales data, which can impact the restaurant's value and potential for future growth.
Currently, there are 1 available listings of restaurants for sale in Auburn, offering a range of opportunities for investors and entrepreneurs.
