Yakima, Washington, offers a unique opportunity for investors to tap into the city's growing economy with its available Restaurants For Sale. With a population of around 100,000, Yakima is an attractive location for businesses, thanks to its productive agricultural region, rich cultural scene, and convenient access to major transportation routes. Restaurants in Yakima can cater to the local community, tourists, and travelers passing through, making them a solid investment opportunity. From family-friendly diners to fine dining establishments, Yakima's diverse culinary scene has room for a variety of restaurants. The city's amenities, such as hospitals, parks, and sports facilities, also contribute to its appeal. Additionally, Yakima is home to several institutions, including Yakima Valley College, Perry Technical Institute, and Pacific Northwest University of Health Sciences, which attract students and faculty who can support local businesses. The city's revitalized downtown area, featuring local businesses, regional produce, wines, and beers, is an ideal location for restaurants to thrive.
Yakima's restaurant scene is part of a larger commercial landscape that includes 2 available listings. The city's economy is driven by agriculture, retail, and a growing healthcare industry, making it an attractive location for businesses. In addition to restaurants, investors can explore opportunities in Apartment Buildings, Shopping Centers, Specialty Properties, and Hotels. For example, Yakima's shopping centers, like the renovated mall in Union Gap, offer a range of retail businesses, while its apartment buildings cater to the city's growing population. Specialty properties, such as the Yakima Valley Museum and Capitol Theatre, contribute to the city's cultural scene, and hotels, like those in downtown Yakima, provide accommodations for visitors. With its diverse economy and attractions, Yakima is an excellent location for investors to explore various business opportunities.
What is the average cost per square foot for a restaurant in Yakima?
As of now, there are 2 available listings of restaurants for sale in Yakima, and the average cost per square foot for a restaurant in Yakima is $279 USD per square foot, with an average size of 3,253 square feet.
What factors determine the value of a restaurant for sale in Yakima?
When evaluating the value of a restaurant for sale in Yakima, several key factors come into play, including:
- Location, with proximity to major transportation hubs like the Yakima Air Terminal-McAllister Field and Interstate 82, as well as foot traffic in areas like Downtown Yakima, contributing to a restaurant's desirability and potential revenue.
- The size and condition of the property, with average sizes ranging from 3,253 square feet to 3,600 square feet, and the overall condition impacting the restaurant's functionality and appeal.
- Financial performance, including the average cap rate of and the average price per square foot of $279 USD, which can influence the restaurant's value and potential for return on investment.
