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JRJeff ReynoldsCompass · Seattle

Listed by Timothy Lee, Real Home Network

Business Opportunity
Type
43,560 sq ft
Lot
0
Days on market

About this property

China City, a long-standing Oak Harbor restaurant serving the community since 1999 under the same ownership for 27 years. This turnkey, independent food & beverage opportunity sits on approximately one acre with 50 owned parking spaces. The fully equipped commercial kitchen features a wok system, hood system, walk-in fridge & freezer, grille, fryer, commercial dishwashers, POS systems, beer tap system, and ice machine. The restaurant is fully furnished and essentially ready for immediate takeover, a new owner can step in and operate from day one with all furniture, fixtures, and equipment in place. A bar and dining area offer multiple revenue streams, with a sound system, projector, and televisions creating an inviting entertainment-friendly atmosphere. A rare opportunity to acquire a proven, fully operating restaurant with decades of established presence on Whidbey Island. Sale includes equipment, inventory, and goodwill; detailed financials available to qualified buyers upon request. Opportunities like this rarely come to market in Oak Harbor — don't miss your chance!

Location & commute

Add a destination, like work or the gym, for directions and drive time.

Directions

Jeff's Neighborhood Guide

Get to know the North Whidbey Island area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2603097
Listed
November 12, 2026
Days on market
0

Homeowners association

HOA dues
$3,000 monthly

Parking

Total spaces
50

Lot

Lot size
43,560 sq ft

Terms

Terms offered
CashConventionalOwner Will CarrySBA

Listing history

  1. Listed

    $780,000

    November 12, 2026

Derived from current MLS listing fields.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$7,542

Principal & interest
$3,944
Property tax (est.)
$598
HOA dues
$3,000

Assumes $156,000 down (20%), a $624,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of November 12, 2026 at 6:00 PM PST. 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.

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