Kennewick, Washington, offers a diverse range of investment opportunities, including 3 restaurants for sale. Restaurants are a great investment in Kennewick due to the city's growing population and strong economy. With a mix of local favorites and national chains, restaurants in Kennewick cater to a wide range of tastes and preferences. From casual eateries to fine dining establishments, restaurants in Kennewick offer a unique blend of flavors and atmospheres. The city's proximity to the Hanford Site and Pacific Northwest National Laboratory also makes it an attractive location for restaurants, with a steady stream of employees and visitors looking for dining options. Additionally, Kennewick's scenic location along the Columbia River and its numerous parks and recreational facilities make it an ideal spot for restaurants with outdoor seating or waterfront views. With its rich history, diverse economy, and stunning natural beauty, Kennewick is a great place to invest in a restaurant.
Restaurants in Kennewick are just one of the many investment opportunities available in the city. Kennewick is also home to a range of other commercial properties, including apartment buildings, shopping centers, specialty properties, and hotels. Apartment buildings in Kennewick offer a steady stream of rental income, while shopping centers provide a hub for retail activity. Specialty properties, such as office buildings and medical facilities, cater to the city's growing professional and healthcare sectors. Hotels in Kennewick, meanwhile, offer a convenient option for visitors and business travelers. With its diverse economy and stunning natural beauty, Kennewick is a great place to invest in a variety of commercial properties. The city's strong economy, scenic location, and range of amenities make it an attractive location for businesses and investors alike. Kennewick's unique blend of small-town charm and big-city amenities makes it an ideal spot for restaurants, shops, and other businesses.
What is the average cost per square foot for a restaurant in Kennewick?
The average cost per square foot for a restaurant in Kennewick is $375 USD per square feet, with an average size of 5,016 square feet and a largest size of 6,728 square feet, making it an attractive option for entrepreneurs looking to establish a food business in this city.
With 3 available listings of restaurants for sale in Kennewick, there are plenty of opportunities to find the perfect location for your business, whether you're looking to establish a new eatery or expand an existing one.
Kennewick's diverse economy, rich soil, and ideal growing conditions make it an ideal location for restaurants that source local ingredients, and its retail hub, the Columbia Center Mall, attracts shoppers from a wide area in southeast Washington and northeast Oregon, providing a potential customer base for your restaurant.
What factors determine the value of a restaurant for sale in Kennewick?
The value of a restaurant for sale in Kennewick is determined by a combination of factors, including:
- Location, with proximity to major transportation routes, such as SR 240 and US 395, and high-traffic areas like the Columbia Center Mall, being desirable;
- The restaurant's size, with an average size of 5,016 square feet, and largest size of 6,728 square feet, affecting its capacity and potential revenue;
- Financial performance, including the average cap rate of 9.7%, and the average price per square foot of $375 USD, influencing its profitability and value.
