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    Terrebonne, OR 97760

    For Sale
    $5,200,000

    F - Terrebonne, OR

    Lot size:
    1.18 Acres
    Days on Market:
    148
    Last Refresh:
    Dec 15 at 4:06 am

    Property Features for

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    TER
    Parking
    33
    Parking features
    Driveway, Parking Lot
    Interior features
    Ceiling Fan(s), High Speed Internet, Wired for Sound
    Lot size
    1.18 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Evaporative Cooling

    Building Details

    Year built
    1989
    Floors in Building
    1
    Flooring type
    Hardwood, Laminate, Vinyl
    Building materials
    Concrete, Frame
    Roof type
    Metal
    Architectural style
    Other

    Windermere Central Oregon Real Estate (503) 871-2624 [email protected]

    Listing agent Dustin Hewitt (541) 923-4663 License #201211095

    Listing date Jul 21, 2025

    MLS# 220206233 Listing URL

    Copyright © 2025 MLS of Central Oregon. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highway 97 Restaurant, Bar & Lottery

    This is an opportunity to own a recognized dining establishment, The Pump House Bar & Grill, located in Terrebonne, Oregon. The sale includes both the business and the real estate, situated on 1.18 acres of commercial land. The property benefits from high-visibility frontage along US Highway 97 and ample parking. The 3,969 square foot building has been upgraded and is equipped to handle a high volume of dine-in customers and events, with potential for expansion. It features outdoor seating and experiences strong year-round traffic. The property is strategically located minutes from Smith Rock State Park, benefiting from traffic from Redmond, Madras, and visiting outdoor enthusiasts. The property includes a highly profitable lottery. The location benefits from Terrebonne's growing population, proximity to destination recreation, and low commercial inventory.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Terrebonne Depot, Redpoint Climbers Supply, Pump House Bar & Grill

    Map

    City
    Terrebonne
    County
    Jefferson
    State
    Oregon
    Longitude
    -121.196
    Latitude
    44.3536

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    FAQs

    What type of property is this?
    Bar - Profitable restaurant, bar, and lottery business with real estate included.
    Where is this bar located?
    The property is located at Terrebonne, OR.
    What is the asking price?
    The asking price for this property is $5,200,000.
    What are key features of this property?
    This property features: - Highly profitable restaurant, bar, and lottery business with real estate included.; - Prime Highway 97 frontage in Terrebonne with high visibility and strong year-round traffic.; - Strategically located near Smith Rock State Park, attracting tourists and locals.
    (541) 923-4663
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Terrebonne, OR 97760
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