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176 N Hwy 101

Rockaway Beach, OR 97136
  • $1,080,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 22239667
$1,080,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,394
    SQFT
  • $200
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1934
County:

School Ratings & Info

Description

Established 2-suite restaurant for sale or lease with Highway 101 frontage. Property has full commercial kitchen, covered outdoor patio, and both suites include full bar. Sale price includes sale of business. Investor or owner-occupier opportunity with upside to lease one suite and occupy the other. 8.0% stabilized cap rate, see flyer for pro forma details. Lease rate $16.75-$18.00 psf mod. gross (incld. taxes & insur). 5,394 sf, divisible to 3,936 sf & 1,458 sf. Landlord willing to sell FF&E.

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-22T23:39:46.733.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
www.homevaluewashington.com/homes/127151105
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176 N Hwy 101 Rockaway Beach, OR 97136

  • Price: $1,080,000
  • Status: Active
  • On Site: 55 Days
  • MLS #: 22239667
0
Beds
0
Baths
0
½ Baths
0.26
Acres
5,394
SQFT
$200
$/SQFT
1934
Built
Neighborhood:
195-Tillamook County
County:
Tillamook
Area:
195-Tillamook County
Property Description
Established 2-suite restaurant for sale or lease with Highway 101 frontage. Property has full commercial kitchen, covered outdoor patio, and both suites include full bar. Sale price includes sale of business. Investor or owner-occupier opportunity with upside to lease one suite and occupy the other. 8.0% stabilized cap rate, see flyer for pro forma details. Lease rate $16.75-$18.00 psf mod. gross (incld. taxes & insur). 5,394 sf, divisible to 3,936 sf & 1,458 sf. Landlord willing to sell FF&E.
Exterior Features

Lot Size 10000 To 14999 Sqft Lot Size Dimension 100 X 120 Parking Features On Street Road Frontage 100 Roof Type Flat View YN No Water Description Public Water

Interior Features

Cooling Description Central Air Heating Description Forced Air

Property Features

Bank Owned YN No Business Name Beach Bite Restaurant Commercial Type Business Country Us Current Use Restaurant Equipment FixturesFurniture Features Inside StorageSign Fuel Description Gas Price Type List Price Property Condition Existing Sale Includes BuildingBusinessEquipment Sewer Description Public Sewer Short Sale YN No Tax Amount 8635.12 Third Party Approval YN No Total Buildings 1 Zoning C1

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Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Gustavo Group | eXp Realty are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-22T23:39:46.733.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Gustavo Group | eXp Realty and should be independently verified.
 
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Gustavo Group | eXp Realty
9120 NE Vancouver Mall Loop, Suite 235
Vancouver WA, 98662