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Two-Building Conventional Restaurant Property
For Sale
$649,000

2043/2037 Sherman Ave, North Bend, OR 97459

Includes commercial kitchen equipment, dining areas, bar service, and separate restrooms.

Property Size7,600 SF
Days on Market582

Property Features for 2043/2037 Sherman Ave

General Information

Standard status Active
Size 7,600 SF
Property subtype Commercial
Zoning C-C

Additional Details

Furnished Yes
Equipment Included Yes

Taxes and HOA fees

Annual Taxes $2,374

Building Details

Building Size 7,600 SF
Year Built 1911
Buildings 2
Stories 2
Listing Agency: Pacific Properties
Listed By: Joel Sweet · License #201214598
Source: Allprofessionalsre
Added: Jan 15, 2025 Changed: Aug 20 Last Checked: Aug 20 at 2:09AM

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

Investment Insights

Based on property information with market context.

The offering includes two restaurant buildings at 2043 Sherman Ave and 2037 Sherman Ave in North Bend. The smaller building contains a functioning commercial kitchen with fryers, a stove, walk-in cooler, fire suppression system, refrigeration units, and separate restrooms, along with seating for approximately 35 people. The larger structure is a two-story building with a full bar, stage, and seating for about 70 people.

Built in 1911, the property is zoned C-C and includes furnishings and equipment. The sale excludes the operating business and its name. Building improvements include a newer roof and interior finishes, with both addresses included in the transaction.

Key Highlights

  • Two‑building sale at 2043 Sherman Ave and 2037 Sherman Ave
  • 2037 Sherman Ave includes seating for approximately 35 people and separate restrooms
  • Commercial kitchen with fryers, stove, walk‑in cooler, and fire suppression

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service HVAC Service Locksmith Auto Parts Store Kitchen & Bath Showroom

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

552
Businesses Nearby
109k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 41% Shops & Services 33% Home Improvements & Furnishings 11% Apparel 7%
Dollar Tree Shops & Services
17,161 visits/mo 0.5 miles
Taco Bell Dining
16,230 visits/mo 0.4 miles
Dutch Bros. Coffee Dining
16,138 visits/mo 0.1 miles
Harbor Freight Tools Home Improvements & Furnishings
10,912 visits/mo 0.5 miles
The Human Bean Dining
8,176 visits/mo 0.4 miles

Demographics for 97459, OR

14,932
Population
6,856
Households
2.2
Avg Household Size
46
Median Age
29%
College-Educated
93%
High-School Grad
109.3 sq mi
ZIP Area
137
Density / Sq Mi
$79,679
Median Household Income
$39,665
Median Earnings
$1,066
Median Rent
$349,700
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
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Similar Off Market Nearby

  • Lucky Dragon Grill 1611 Virginia Ave #616, North Bend, OR 97459

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes commercial kitchen equipment, dining areas, bar service, and separate restrooms.
Where is this conventional restaurant located?
The property is located at 2043/2037 Sherman Ave North Bend, OR.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑building sale at 2043 Sherman Ave and 2037 Sherman Ave; 2037 Sherman Ave includes seating for approximately 35 people and separate restrooms; Commercial kitchen with fryers, stove, walk‑in cooler, and fire suppression
More about this property
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