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42 Mountain Restaurant & RV Park Greenwater (near Mount Rainier!) $975,000 Yes Yes
Sold
Mountain Restaurant & RV Park
Greenwater RV Park & Restaurant

This opportunity is a true ‘diamond in the rough'. Imagine owning and operating a ‘Turn of the Century' log cabin restaurant with wonderful personality and located strategically along Hiway 410 between Enumclaw and the White River Gateway to MOUNT RAINIER NATIONAL PARK.

This property was established in the early 20 th Century by a local logging party and is located in the town of Greenwater at the confluence of the Greenwater & White Rivers. The property is right on the river's edge and has all the ambience of the National Park which is nearby.

The restaurant is easily leased out for $ 2500/mo. It is ‘turn key' and includes everything necessary all the way down to plates and utenisils. Liquor licenses are still currently in effect at this restaurant.

If a new buyer wished to operate this restaurant, it could produce even more. Just bring your wholesome menu ideas, lots of fresh coffee and berry pies. There is always a steady stream of vehicles heading up and down the mountain hiway to/from: Mount Rainer National Park, Chinook Pass & Crystal Mountain Ski Resort.

Above the restaurant, there is a loft apartment that would be suitable living quarters for an owner or manager.

Apart from the restaurant building itself, this property extends over several acres and includes a unique collection of income producing entities. These income sources can best be summarized as follows:

Monthly Revenue Sources:

Current

Potential

Restaurant (Net Income)

$2,500

$8,000

RV Pads @ $ 350/mo.

$2,100

$4,200

RV Pads @ $ 300/mo.

$0

$1,200

Cabins 2 @ $ 550/mo

$1,100

$1,100

Duplex 2 @ $ 450/mo

$900

$900

Mobile Home 1 @ 600/mo

$600

$600

Total

$7,200

$14,000

This is a totally unique opportunity for the buyer who desires to live and work near Mount Rainier at the edge of the glacially fed White River. It is also an area with a big future. A $ 90 Million investment is currently planned for the Crystal Mountain ski area. Once developed, the Greenwater area will provide the first (& last) dining between the ski area and the Seattle metropolitan area. RV use of the area will also increase once word gets out regarding this unique property at the foot of Mount Rainer and only minutes from Crystal Mountain.

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