About This Restaurant
Investment Highlights
Executive Summary
Y'all are in for a treat at this legendary spot in North Bend, Oregon! With a rich history stretching back over a century, this bar and tavern has been a beloved gathering place for locals and visitors alike. Deeply rooted in the traditions of the hardworking Longshoreman community, it's a true gem. From its humble beginnings, it has transformed into a lively hub where folks can enjoy a game of pool, try their luck at video poker, and savor some finger-lickin' good foods. Come on down, kick back, and experience Southern hospitality at its finest
Property Details
- Sale Type Investment
- Sale Condition REO Sale
- Property Type Retail
- Property Subtype Restaurant
- Building Size 11,500
- Year Built 1925
- Price 1,350,000
- Price Per SF 117
- Cap Rate 7.40
- NOI 99,900
- Percent Leased 100
- Building Height 2 Stories
- Building FAR 0.64
- Land Acres 0.41 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 1006136700 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $300,700 |
| Date Created: | 2024-07-16 04:18:09 | Last Updated: | 2024-07-16 04:18:09 |
| Address: | 2056 Sherman Ave , North Bend, Oregon, 97459 | ||