About This Restaurant
Investment Highlights
Daytime moderate to heavy traffic surrounded by other businesses and just a few blocks away from seven feathers casino lots of parking
Executive Summary
More Traffic than Most Commercial properties in Salem or Eugene massive Tourist location , This has been built to be a restaurant ... all items to be removed upon close of escrow and cleaned OWNER OPEN TO CARRY TERMS LARGE DOWN 20-25 year term 7-8% int Just Lowered !!!! Call listing agent at 949-891-4426 Previously a Restaurant Now is a thrift store nothing from previous restaurant has been damaged or removed freezers and hood vent all still intact land and building comes with sale , cap rate is greatly increased as a restaurantpreviously a restaurant , current owner turned building into a thrift store however nothing from previous restaurant attachments like the Hood exhaust and walk in freezer and wash stations are all in tact also indoor and out door dining available , Interested ? Call Listing agent Raymond Coburn 949-891-4426 Licensed realtor for Oregon BAC is 2.5%
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Bar Restaurant
- Building Size 1,728
- Building Class C
- Year Built/Renovated 1938/2018
- Price 385,000
- Price Per SF 223
- Cap Rate 14
- NOI 53,900
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 0.39 AC
Amenities
- Restaurant
Property Taxes
| Parcel Number | R36542 | Improvements Assessment | $0 (2022) |
| Land Assessment | $0 (2022) | Total Assessment | $220,675 (2022) |
| Date Created: | 2024-07-16 04:18:10 | Last Updated: | 2024-07-16 04:18:10 |
| Address: | 224 N Main St , Canyonville, Oregon, 97417 | ||