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Property profile & analytics
OFF-MARKET
Turn key restaurants

3030 Oregon SW Ave Bandon, OR 97411-9170

3,634 SF 0.83 ac lot Built 1969
Individually Owned 18-yr Hold ~ Est. High Equity
Property ID
US71-1736904
Property summary
AI-generated overview

This exceptional 4,600 square foot restaurant and sports bar is situated on a 0.83-acre lot at the highly visible corner of Highway 101 and Seabird Drive in Bandon, Oregon. The property boasts a fully operational kitchen, complete with a brand new hood exhaust system, and a spacious dining area designed for a comfortable and relaxed atmosphere. The established business includes all equipment and fixtures, along with the existing business name, ensuring a smooth transition for the new owner. The sports bar features a full bar setup, multiple flat-screen TVs, and a designated area for Oregon Lottery machines. A newly added outdoor space, complete with a covered patio, fire pit, and tables, provides additional seating and ambiance. Ample parking is available for cars and RVs. The asking price for this turnkey operation, including the building and business, is $985,000. This prime location offers high traffic exposure, attracting both tourists and locals, and presents significant potential for continued success. The property's versatility also makes it suitable for a variety of other commercial enterprises. This is a rare opportunity to acquire a thriving business and valuable real estate in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Total area 3,634 SF
Lot 0.83 ac (36,155 SF)
Zoning code C-2
APN 28 S 15 W 36 DD 800
UPID US71-1736904
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Billy Smoothboars Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dan H Barnett · 18 yrs held
Dan H Barnett
since 2008
2 recorded transactions
2008
$725,000
2005
$47,000
Zoning & alternative use
C-2 · Bandon, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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