Cedars at Pier One Restaurant Lists for $2.5 Million
The landmark Kennewick dining establishment hits the market as it marks five decades of service.
Updated on Oct. 27, 2026 in Openings & Closings
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After 50 years of operation in Kennewick, the owners of the Cedars at Pier One have listed the business for sale at $2.5 million. The restaurant currently remains open for guests while continuing a month-long celebration for its anniversary.
Why it matters
The listing marks a significant change for the long-standing restaurant, which continues to operate as a local staple despite recent challenges like the loss of its dock in 2024. The transition arrives as the business navigates its future ownership while maintaining its historical presence on Clover Island.
The restaurant is listed for $2.5 million, covering the building, furniture, and kitchen equipment. The business has operated for 50 years, with current owners Doug and Carrie Lundgren having held the property since 2019.
The players
Doug and Carrie Lundgren
The current owners who purchased the restaurant in 2019.
Port of Kennewick
The regional authority that serves as the landlord for the land occupied by the restaurant.
The details
Located at 355 N. Clover Island Dr., the restaurant operates on land leased from the Port of Kennewick. While the establishment is for sale, management is hosting an anniversary celebration featuring a photo display and a memory-filled treasure chest.
Timeline
The Lundgrens took over ownership of the restaurant in 2019.
The restaurant lost its namesake dock in 2024.
The restaurant switches to winter hours and closes Sundays starting November 1, 2026.
A prom-themed dinner and Harvest Fest-themed evening are scheduled for November 14, 2026.
The restaurant will pull memories from a treasure chest for prizes in December 2026.
Market Landscape
The sale of this long-term business reflects a shift in the local hospitality sector on Clover Island. This transition follows recent structural changes at the site, which have influenced how the establishment manages its operations moving forward.
Customers can continue to dine at the restaurant as usual, though they should note the shift to winter hours that begins in November. The ongoing anniversary events provide opportunities for guests to participate in the restaurant's legacy before any potential change in ownership.
The takeaway
Interested parties can monitor the listing status for potential changes in the local dining scene. Regular patrons should plan their visits accordingly to accommodate the upcoming switch to winter operational hours.
Further reading
For more information on local commercial changes, visit the Kennewick Openings & Closings section.
Source note: This article includes information reported by Tri-City Herald.
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