Building Details

Year Built 2005

Listing Agency: Curtis Irving Realty Group

Listed By: Curtis Irving · License #780301871 Show Phone

Source: Wisser

Added: Aug 25 Changed: Oct 9 Last Checked: Oct 5 at 8:41PM

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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 Curtis Irving Realty Group

Investment Insights

Based on property information with market context.

Bramble House is a conventional restaurant and event property offering 1,734 square feet of improvements built in 2005. The interior includes multiple dining areas, a commercial kitchen, and a bar area suited to varied event configurations. An additional room and bathroom have a separate exterior entrance, while an attached building provides another room and bathroom. Two outdoor storage units are also included.

The property is located at 209 Templeton St in Brownsville, Oregon. Outdoor event use is supported by a large yard area, and the private parking lot accommodates up to 16 cars. The combination of restaurant improvements, event-oriented spaces, accessory rooms, and exterior areas provides a defined operating setup for the property’s next use.

Key Highlights

• 1,734‑square‑foot restaurant and event property built in 2005
• Multiple dining areas accommodate different event sizes
• Commercial kitchen and bar area included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,546

Cap Rate

6.01%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$570,920 $570.9K

Cap Rate 7%

$407,800 $407.8K

Cap Rate 9%

$317,178 $317.2K

Market Conditions

NOI Build-Up for 1,734 SF

Gross rent

$56.0K $32.28/SF

− Vacancy

−$17.9K −$10.33/SF

EGI

$38.1K $21.95/SF

− OpEx

−$9.5K −$5.49/SF

NOI

$28.5K $16.46/SF

Area

Linn County, OR

Vacancy

32.00%

Lease Rate

$32.28 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$570,920

Cap Rate 7%

$407,800

Cap Rate 9%

$317,178

Alternative Uses

Best Use

Specialty Retail

$407.8K

$356.8K – $475.8K (±1% cap)

NOI $28,546 @ 7.0% cap · market cap 6.01%

Second Best

Industrial

$250.0K

$218.7K – $291.7K (±1% cap)

NOI $17,499 @ 7.0% cap · market cap 3.68%

Theoretical Best

Office A

$505.1K

$442.0K – $589.3K (±1% cap)

NOI $35,360 @ 7.0% cap · market cap 7.44%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Auto Parts Store Grocery & Convenience Store Garden Center

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

167

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 97327, OR

3,053

Population

1,407

Households

2.2

Avg Household Size

46

Median Age

28%

College-Educated

96%

High-School Grad

71.7 sq mi

ZIP Area

43

Density / Sq Mi

$83,051

Median Household Income

$45,667

Median Earnings

$1,015

Median Rent

$376,500

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Conventional restaurant - Event-oriented layout includes multiple dining areas, a commercial kitchen, bar area, yard, and private parking.

Where is this conventional restaurant located?

The property is located at 209 Templeton St Brownsville, OR.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: 1,734‑square‑foot restaurant and event property built in 2005; Multiple dining areas accommodate different event sizes; Commercial kitchen and bar area included