25903 Hwy 126, Veneta, OR 97487-9649
This exceptional 3,224 square foot commercial property, situated on 1.28 acres of land at 25903 Highway 126 in Veneta, Oregon, presents a unique investment opportunity. Boasting excellent highway frontage, the property benefits from high visibility and significant traffic flow. Currently operating as a long-established cafe with a rich history, the building features two kitchens, ample storage space, and existing restaurant equipment. A valuable asset is the inclusion of an existing Oregon State Lottery location. All restaurant equipment will be included in the sale, providing a seamless transition for a buyer wishing to continue operations as a restaurant or cafe. The Rural Commercial zoning allows for a diverse range of potential uses, including redevelopment into a gas station, market, RV/boat storage facility, or numerous other commercial ventures. The property's versatility makes it an attractive prospect for various business plans. A lease option is also available at $4000 per month plus property taxes, offering additional income potential. This prime location and flexible zoning make this property an exceptional investment opportunity in a thriving community. The asking price is $920,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RC-RURAL COMMERCIAL · Veneta, ORVeneta. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.