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    Hermiston, OR
    Conventional Restaurant

    Hermiston, OR Conventional Restaurants for Sale

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    Stanfield, OR Umatilla, OR Plymouth, WA Echo, OR Irrigon, OR Boardman, OR Kennewick, WA Prosser, WA
    Former Fuddruckers Restaurant Building
    Updated: Mar 24, 2024
    Former Fuddruckers Restaurant Building

    1619 N 1st Street, Hermiston, OR 97838

    $2,000,000
    6,773 sqft
    Building and real property for sale; previous Fuddruckers location
    High‑traffic retail area with over 18,600 cars per day
    Year built: 2009
    Restaurant FF&E not included in the price; may be negotiated
    Seller is flexible on terms, including lease‑to‑own or a package sale with neighboring Aaron's Furniture property
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    This listing looks promising.

    Here's a quick look at some key insights for

    1619 N 1st Street, Hermiston, OR 97838

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $76K
      Annual

    • Price @ 7% Cap

      $1.09M
      Suggested

    • Property Type

      Commercial (General)
      Built 2009
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hermiston, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown Commercial Building with Basement
    Downtown Commercial Building with Basement

    420 W Columbia St, Pasco, WA 99301

    $350,000
    4,000 sqft

    Commercial building with main-level space, an unfinished basement, two restrooms, and alley roll-up door access.

    View details
    Restaurant and Bar Building on Hwy 395
    Restaurant and Bar Building on Hwy 395

    4862 W Hildebrand Blvd, Kennewick, WA 99337

    Contact for pricing
    8,314 sqft

    Versatile restaurant, bar, or entertainment space with existing specialty equipment and on-site parking on a signalized Hwy 395 corner.

    View details
    Endcap Retail Suite
    Endcap Retail Suite

    2909 S Quillan, Kennewick, WA 99337

    Contact for pricing
    3.40 AC lot

    Endcap space with open layout, break room, and plenty of parking within a busy retail center.

    View details
    Turnkey Restaurant with Lease Assignment
    Turnkey Restaurant with Lease Assignment

    110-3315 W Court St, Pasco, WA 99301

    $60,000

    Move-in ready restaurant sale includes equipment, fixtures, furniture, and a lease assignment.

    View details

    Hermiston, OR Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Hermiston, OR on our real estate platform. These investment opportunities span a total of 6,773 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for conventional restaurants in Hermiston, OR average $2,000,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 1
    Drive through restaurants 1

    Demographics Overview

    Population 28K
    Population Growth (5Y) +7.4%
    Median Household Income $76,032
    College Educated 21.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    97838 $2M

    Taxes & Financing

    Tax Rate (average for all types) 1.86%
    Property Tax per SF $28.78 per SF
    Tax Rate vs County Average 0.13 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Umatilla County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Hermiston fall within the 10,000 to 25,000 square foot range.

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