Mixed-Use Billiards
13711 Nw Main St, Banks, OR 97106
For Sale
$900,000
The sale combines an operating bar, furnishings and equipment, and a tenant-occupied manufactured home.
Property Size3,440 SF
Lot Size0.17 Acres
Price / SF$261.63
Days on Market8
Property Features for 13711 Nw Main St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Frontage
Road Access
Restaurant
Commercial Hood
Grease Trap
Patio
Equipment Included
Additional Details
Furnished
Business Included
Tenant in Place
Building Details
Year Built
Year Renovated
Listing Agency:
Berkshire Hathaway HomeServices NW Real Estate
Listed By:
Lauren Musco · License OR #201207198
(971) 300-9272
Source:
Theoregonhomefinder
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 6 at 7:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices NW Real Estate
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Investment Insights
Based on property information with market context.
The offering brings together a 3,440-square-foot bar and billiards business, its real estate and FF&E, plus a 1,248-square-foot, 1969 manufactured home with a month-to-month residential tenant. The bar has 10-foot ceilings, a full bar, two seating areas, an Oregon Lottery room, and a covered patio and outdoor seating. Included equipment ranges from pool tables and arcade games to a ventless auto-fry system, grill, walk-in cooler, and natural gas backup generator. Recent work includes a metal roof installed in 2022, facade and window improvements in 2025, updated electrical, and two ductless mini-splits.
The property occupies a 7,405-square-foot lot zoned DC Downtown Commercial, with 35 feet of frontage on NW Main St in Banks, Oregon. A 144-home development is underway directly behind the property; approximately 1,100 homes are planned or underway across the city.
The property occupies a 7,405-square-foot lot zoned DC Downtown Commercial, with 35 feet of frontage on NW Main St in Banks, Oregon. A 144-home development is underway directly behind the property; approximately 1,100 homes are planned or underway across the city.
Key Highlights
- Sale includes the bar business, real estate, FF&E, and a 1,248‑square‑foot manufactured home
- 3,440‑square‑foot bar and billiards venue with 10‑foot ceilings and an Oregon Lottery room
- 7,405‑square‑foot lot zoned DC Downtown Commercial, with 35 feet of frontage on NW Main St
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,103
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,060
$1.1M
Cap Rate 7%
$772,900
$772.9K
Cap Rate 9%
$601,144
$601.1K
Market Conditions
NOI Build-Up for 3,440 SF
Gross rent
$102.0K $29.64/SF
− Vacancy
−$15.4K −$4.48/SF
EGI
$86.6K $25.16/SF
− OpEx
−$32.5K −$9.44/SF
NOI
$54.1K $15.73/SF
Area
Washington County, OR
Vacancy
15.10%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,082,060
Cap Rate 7%
$772,900
Cap Rate 9%
$601,144
Alternative Uses
Best Use
Mixed Use
$772.9K
$676.3K – $901.7K
NOI $54,103 @ 7.0% cap · market cap 6.01%
Second Best
Specialty Retail
$760.3K
$665.3K – $887.0K
NOI $53,220 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$928.5K
$812.5K – $1.08M
NOI $64,998 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
Demographics for 97106, OR
4,664
Population
1,975
Households
2.4
Avg Household Size
40
Median Age
41%
College-Educated
95%
High-School Grad
44.0 sq mi
ZIP Area
106
Density / Sq Mi
$108,383
Median Household Income
$60,823
Median Earnings
$1,589
Median Rent
$512,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The sale combines an operating bar, furnishings and equipment, and a tenant-occupied manufactured home.
Where is this mixed-use property located?
The property is located at 13711 Nw Main St Banks, OR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Sale includes the bar business, real estate, FF&E, and a 1,248‑square‑foot manufactured home; 3,440‑square‑foot bar and billiards venue with 10‑foot ceilings and an Oregon Lottery room; 7,405‑square‑foot lot zoned DC Downtown Commercial, with 35 feet of frontage on NW Main St
