Waterfront Restaurant in Winchester
142 Bayfront Loop, Winchester Bay, OR 97467
For Sale
Contact for pricing
Turn-key restaurant and seafood market with harbor views.
Property Size1,896 SF
Price / SF$157.70
Days on Market1075
Property Features for 142 Bayfront Loop
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Occupancy
Lease Type
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Pacific Properties
Listed By:
Joel Sweet · License OR #201214598
(541) 290-9597
Source:
Crexi
Added: Dec 5, 2023
Changed: Nov 2
Last Checked: Nov 12 at 7:01AM
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 Pacific Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This waterfront restaurant is located in the Winchester Bay Harbor. The sale includes the building, business, furniture, fixtures, and equipment, conveyed as a turn-key restaurant and seafood market. The dining room seats 50 and offers views of the harbor and ocean. The property features a fully equipped kitchen and separate seafood processing facilities. The restaurant has an established menu and customer base. The building is suitable for multiple uses. The property size is 1896 square feet. The land is leased from the Port at $420 per month.
Key Highlights
- Turn‑key restaurant and seafood market business opportunity.
- Waterfront location in Winchester Bay Harbor with views.
- Includes building, business, furniture, fixtures, and equipment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,971
Cap Rate
7.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,420
$459.4K
Cap Rate 7%
$328,157
$328.2K
Cap Rate 9%
$255,233
$255.2K
Market Conditions
NOI Build-Up for 1,896 SF
Gross rent
$32.3K $17.04/SF
− Vacancy
−$1.7K −$0.89/SF
EGI
$30.6K $16.15/SF
− OpEx
−$7.7K −$4.04/SF
NOI
$23.0K $12.12/SF
Area
Douglas County, OR
Vacancy
5.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$459,420
Cap Rate 7%
$328,157
Cap Rate 9%
$255,233
Alternative Uses
Best Use
Specialty Retail
$328.2K
$287.1K – $382.9K
NOI $22,971 @ 7.0% cap · market cap 7.68%
Second Best
Retail
$322.5K
$282.2K – $376.3K
NOI $22,576 @ 7.0% cap · market cap 7.55%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97467, OR
5,602
Population
2,816
Households
2
Avg Household Size
53
Median Age
14%
College-Educated
93%
High-School Grad
327.9 sq mi
ZIP Area
17
Density / Sq Mi
$58,333
Median Household Income
$41,441
Median Earnings
$750
Median Rent
$224,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant and seafood market with harbor views.
Where is this conventional restaurant located?
The property is located at 142 Bayfront Loop Winchester Bay, OR.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Turn‑key restaurant and seafood market business opportunity.; Waterfront location in Winchester Bay Harbor with views.; Includes building, business, furniture, fixtures, and equipment.
