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    Silverton, OR 97381

    Sponsored
    For Sale
    $1,300,000

    Restaurant w/Patio, Seller Financing Available

    Property size:
    6,480 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 6,480 square foot retail building is ideally situated in the vibrant heart of Silverton's business district. Currently operating as a fully equipped restaurant, this property presents a unique opportunity for both established businesses and aspiring entrepreneurs. The space boasts top-of-the-line commercial kitchen equipment, including a sophisticated glycol system for draft beer, ensuring seamless operation for a variety of food and beverage concepts. A significant advantage is the expansive covered and enclosed patio area, complete with a welcoming fire pit, perfect for extending the dining experience year-round and creating a comfortable atmosphere for patrons. The property sits on a conveniently sized 0.11-acre lot, offering ample space for outdoor seating and potential expansion. This turnkey operation is priced at $1,300,000, and the seller is offering attractive financing options, including financing up to 45% of the purchase price, making this an exceptionally accessible investment opportunity. The building's prime location and comprehensive amenities make it an ideal choice for a variety of businesses seeking a thriving commercial environment in the desirable Silverton market. Don't miss this chance to acquire a well-established and versatile commercial property with significant potential for growth and profitability.

    Property Features for

    General Information

    Property type
    Retail properties
    Square Feet
    6,480 SF
    Lot Size
    4,792 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Silverton
    County
    Marion
    State
    Oregon
    Longitude
    -122.7826
    Latitude
    45.00536

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    FAQs

    What type of property is this?
    Retail property - Restaurant w/Patio, Seller Financing Available
    Where is this retail property located?
    The property is located at Silverton, OR.
    What is the asking price?
    The asking price for this property is $1,300,000.
    (580) 583-1459
    Request Owner's contact information
    Silverton, OR 97381
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Silverton, OR 97381
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