$259,000
Est. $1,435/moAddress withheld, Federal Way, WA 98003
• Listed Sep 28, 2026•22 days active · 22 cumulative
Listing Broker: Skyline Properties, Inc.; Paranee Judd; 206-679-7091; paraneejudd@gmail.com
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Listing Broker: Skyline Properties, Inc.; Paranee Judd; 206-679-7091; paraneejudd@gmail.com
About this home
Rare opportunity to acquire a long-established, turnkey quick-service restaurant with an impressive 39-year operating history and loyal customer base. The current owner is retiring, creating an excellent opportunity for a new owner to step into an established business and begin generating income from day one. The business is currently absentee-owned and operates only 6 days per week, offering additional upside for a hands-on owner to increase sales by extending operating hours or adding a seventh day. The space is approximately 1,440 sq. ft. 50 seating low occupancy costs at only $1,951/month rent plus $1,008 NNN, which includes water, sewer, and garbage. Low rent and manageable overhead make this an attractive opportunity for both experienced operators and first-time business owners. The restaurant is fully equipped with a 10-foot Class I hood, walk-in cooler, and walk-in freezer, providing excellent infrastructure for a wide variety of food concepts. Currently operating as a fast-food / quick-service restaurant, the business comes turnkey and ready for a smooth transition. A new owner may continue the existing concept and benefit from the established clientele, systems, and long operating history. The owner is willing to provide training to the new buyer to help ensure a successful transition. Located in a highly visible corner location with plenty of convenient parking, this is a strong opportunity to take over a proven business with low overhead, established
Listed by Paranee Judd • Skyline Properties, Inc.
Listing updated: September 28, 2026 at 01:46pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2588417
Around this home
How much should you offer?
Address withheld, Federal Way, WA 98003
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Business opportunity facts
As entered by the listing broker on Northwest MLS
Business
- Business type
- Food And Beverage
- Business type information
- Food and Beverage
- Year established
- 1987
- Years with current owner
- 39
- Hours of operation
- 11am-8pm
Financials
- Annual gross sales
- $1
- Annual expenses
- $1
- Real property included
- Lease Only
Premises & lease
- Lease terms
- 2-3 Years,Assignable
- Annual rent
- $1
- Lease assignable
- Yes
- Parking spaces
- 20
- Financing
- Cash
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$1,694 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: Skyline Properties, Inc.; Paranee Judd; 206-679-7091; paraneejudd@gmail.com
Market pulse
Federal Way is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 74 days.
Recent sales nearby
Within 1 mile · last 6 months$151,000 Sold
4 weeks ago
2 bd•1.75 ba•Single Family
2101 S 324th Street #14, Federal Way, WA 98003
21%
Under list
388
Days on market
0.4 mi
Distance
$70,000 Sold
7 weeks ago
2 bd•1.75 ba•Single Family
2101 S 324th Street #165, Federal Way, WA 98003
18%
Under list
98
Days on market
0.5 mi
Distance
$459,995 Sold
7 weeks ago
2 bd•1.75 ba•~1,470 sq ft•Single Family
235 S 329th Lane, Federal Way, WA 98003
0%
Over list
138
Days on market
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 20, 2026 at 5:29 PM PT (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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HO
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