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Restaurant/Bar Business for Sale
For Sale
$120,000

160-641 Nw Hickory St, Albany, OR 97321

Fully equipped restaurant/bar with growth potential in shopping center.

Property SizeContact for details
Days on Market105

Property Features for 160-641 Nw Hickory St

General Information

Standard status Active
Listing Agency: Oregon First
Listed By: Soo Paik
Source: Exprealty
Added: May 9 Changed: Aug 21 Last Checked: Aug 21 at 9:42AM

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 Oregon First

Investment Insights

Based on property information with market context.

A restaurant and bar business is available for sale. The establishment is fully equipped, including a large hood, a large walk-in cooler, and a built-in freezer. The bar area is currently not in use. The property benefits from its location within a large shopping center, providing ample parking. The current operation features a simple lunch buffet menu. The business presents significant growth potential. The setup costs for a similar establishment were approximately $250,000.

Key Highlights

  • Fully equipped restaurant/bar, ready for immediate operation.
  • Owner financing available with $80,000 down payment.
  • Significantly under market value (approximately half price).

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Pharmacy Storage Facility Kitchen & Bath Showroom Auto Parts Store HVAC Service Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,150
Businesses Nearby
34k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 62% Dining 38%
Chevron Shops & Services
9,926 visits/mo 0.3 miles
Starbucks Dining
8,484 visits/mo 0.4 miles
Chase Bank Shops & Services
5,924 visits/mo 0.5 miles
Jacksons Shops & Services
4,215 visits/mo 0.3 miles
Momiji Dining
3,420 visits/mo 0.3 miles

Demographics for 97321, OR

30,291
Population
11,790
Households
2.6
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
69.1 sq mi
ZIP Area
438
Density / Sq Mi
$95,687
Median Household Income
$45,963
Median Earnings
$1,264
Median Rent
$442,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • The VENETIAN 241 W 1st Ave, Albany, OR 97321
  • The Garage 229 SW 3rd Ave, Albany, OR 97321
  • Wine Crush 329 2nd Ave, Albany, OR 97321
  • Lariat Lounge 901 Pacific Blvd SE, Albany, OR 97321
  • Sweet Red Bistro 208 2nd Ave, Albany, OR 97321

Frequently Asked Questions

What type of property is this?
Bar & Pub - Fully equipped restaurant/bar with growth potential in shopping center.
Where is this bar & pub located?
The property is located at 160-641 Nw Hickory St Albany, OR.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Fully equipped restaurant/bar, ready for immediate operation.; Owner financing available with $80,000 down payment.; Significantly under market value (approximately half price).
More about this property
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