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Grand Ronde, OR

Grand Ronde, OR Commercial Real Estate for Sale

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Willamina, OR Sheridan, OR Otis, OR Neskowin, OR Beaver, OR Hebo, OR Lincoln City, OR Dallas, OR

Restaurant and Bar with Highway Frontage

Updated: May 22

Restaurant and Bar with Highway Frontage

28405 Salmon River Hwy, Grand Ronde, OR 97347

$1,350,000

5,291 sqft 0.45 AC lot

Commercial property at 28405 Salmon River Hwy, Grand Ronde, OR 97347
Restaurant and bar currently operating on Salmon River Highway
High‑visibility frontage along a major Oregon travel corridor near Spirit Mountain Casino
Heating: central and forced air; cooling: central air
Built in 1947; roof type: composition

This listing looks promising.

Here's a quick look at some key insights for

28405 Salmon River Hwy, Grand Ronde, OR 97347

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$73K
Annual
Mortgage

$700K
Aug 2022
Last Sold

Aug 2022
$550K
Property Type

Retail Stores
Built 1947

View Property Analytics

Restaurant and Bar with Commercial Kitchen

Updated: May 22

Restaurant and Bar with Commercial Kitchen

28405 Salmon River Hwy, Grand Ronde, OR 97347

$1,350,000

Operating restaurant and bar with functional commercial kitchen and dining space
Onsite parking available
High‑visibility frontage along Salmon River Hwy in Grand Ronde, OR 97347
Year‑round traffic includes local, commuter, casino, and tourism traffic
Just minutes from Spirit Mountain Casino

Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 2 Active listings in Grand Ronde, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial Land with Corridor Access

Commercial Land with Corridor Access

284398 Salmon River Highway, Willamina, OR 97396

$400,000

70,131 sqft

Commercial land in Polk County zoned for a range of uses, with access just off OR-18 near Salmon River.

Specialty Cannabis Property

Specialty Cannabis Property

26033 Salmon River Hwy, Willamina, OR 97396

$970,000

Existing structure with a 2019 addition, plus on-site septic (1,500-gallon), offered as real estate only.

Irrigated Farm with River Access

Irrigated Farm with River Access

33100 W Valley Hwy, Sheridan, OR

$1,195,000

118.00 AC lot

Irrigated farm featuring water rights, outbuildings, and river frontage.

West Valley Farm with Irrigation

West Valley Farm with Irrigation

33100 SW West Valley HWY, Sheridan, OR 97378

$1,995,000

Farm with irrigation rights, outbuildings, and potential dwelling.

Off-Market Properties in Grand Ronde, OR

Consider similar Off-Market properties in Grand Ronde, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Grand Ronde, OR 97347

INDUSTRIAL - VACANT LAND

Grand Ronde, OR 97347

Value Estimation by Request

4.61 AC lot

RETAIL STORES (PERSONAL SERVICES)

8840 Hebo Rd, Grand Ronde, OR 97347-9713

Value Estimation by Request

2,160 sqft 0.90 AC lot

28405 Salmon Riv Hwy

RETAIL STORES (PERSONAL SERVICES)

28405 Salmon Riv Hwy, Grand Ronde, OR 97347-2019

$565,000

Estimated value

5,075 sqft 0.45 AC lot

Grand Ronde, OR 97347

VACANT COMMERCIAL LAND

Grand Ronde, OR 97347

Value Estimation by Request

3.65 AC lot

Grand Ronde, OR 97347

COMMERCIAL (GENERAL)

Grand Ronde, OR 97347

Value Estimation by Request

1.34 AC lot

Grand Ronde, OR 97347

VACANT COMMERCIAL LAND

Grand Ronde, OR 97347

Value Estimation by Request

0.75 AC lot

Grand Ronde, OR 97347

VACANT COMMERCIAL LAND

Grand Ronde, OR 97347

Value Estimation by Request

3.16 AC lot

Grand Ronde, OR 97347

VACANT COMMERCIAL LAND

Grand Ronde, OR 97347

Value Estimation by Request

0.06 AC lot

29695 Salmon Riv Hwy

MINI-WAREHOUSE, STORAGE

29695 Salmon Riv Hwy, Grand Ronde, OR 97347-9447

$660,000

Estimated value

19,600 sqft 41.71 AC lot

28600 Salmon Riv Hwy

COMMERCIAL (GENERAL)

28600 Salmon Riv Hwy, Grand Ronde, OR 97347-9406

Value Estimation by Request

1,994 sqft 2.06 AC lot

30600 Salmon Riv Hwy

COMMERCIAL (GENERAL)

30600 Salmon Riv Hwy, Grand Ronde, OR 97347-9418

Value Estimation by Request

1,762 sqft 4.42 AC lot

CONVENIENCE STORE

48480 Hebo Rd, Grand Ronde, OR 97347-9609

Value Estimation by Request

1,716 sqft 0.32 AC lot

28425 Salmon Riv Hwy

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

28425 Salmon Riv Hwy, Grand Ronde, OR 97347-2019

Value Estimation by Request

3,034 sqft 0.51 AC lot

28565 Salmon Riv Hwy

COMMERCIAL (GENERAL)

28565 Salmon Riv Hwy, Grand Ronde, OR 97347-9415

Value Estimation by Request

1,104 sqft 3.33 AC lot

8580 Grand Ronde Rd

CONVENIENCE STORE

8580 Grand Ronde Rd, Grand Ronde, OR 97347-9737

$1,405,000

Estimated value

11,568 sqft 0.78 AC lot

28585 Salmon Riv Hwy

SERVICE SHOP (TV, ELECTRIC, PLUMBING)

28585 Salmon Riv Hwy, Grand Ronde, OR 97347-9415

Value Estimation by Request

3,920 sqft 4.99 AC lot

Grand Ronde, OR 97347

COMMERCIAL (GENERAL)

Grand Ronde, OR 97347

Value Estimation by Request

0.22 AC lot

30520 Salmon Riv Hwy

AUTO REPAIR, GARAGE

30520 Salmon Riv Hwy, Grand Ronde, OR 97347-9418

Value Estimation by Request

4,000 sqft 2.85 AC lot

26870 Salmon Riv Hwy

OFFICE BUILDING

26870 Salmon Riv Hwy, Grand Ronde, OR 97347-9797

Value Estimation by Request

1,512 sqft 0.92 AC lot

8720 Grand Ronde Rd

VACANT COMMERCIAL LAND

8720 Grand Ronde Rd, Grand Ronde, OR 97347-2016

Value Estimation by Request

25,359 sqft 7.98 AC lot

Grand Ronde, OR 97347

VACANT COMMERCIAL LAND

Grand Ronde, OR 97347

Value Estimation by Request

0.20 AC lot

26555 Salmon Riv Hwy

RETAIL STORES (PERSONAL SERVICES)

26555 Salmon Riv Hwy, Grand Ronde, OR 97347-9732

Value Estimation by Request

2,400 sqft 0.39 AC lot

Grand Ronde, OR Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Grand Ronde, OR on our real estate platform. These investment opportunities span a total of 5,291 square feet of properties for sale, with an estimated market value of $1,350,000.

Sale prices for business properties in Grand Ronde, OR start at $1,350,000, averaging $1,350,000, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,483

Population Growth (5Y) -28.3%

Median Household Income $41,250

College Educated 6.1%

High-Yield Neighborhoods for Investment

Identify Grand Ronde submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
97347	$1.4M

Taxes & Financing

Tax Rate (average for all types) 1.12%

Property Tax per SF $45.15 per SF

Tax Rate vs County Average 0.55 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Polk County

New Delisted

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