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    Turnkey Restaurant in Malin, Oregon Title is generated by Realmo AI

    2126 Broadway Street, Malin, OR 97632

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    For Sale
    $399,000

    COMMERCIAL - Malin, OR

    Property size:
    2,000 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $199/SF
    Added:
    Oct 24, 2025
    Days on Market:
    203
    Last Refresh:
    May 14 at 4:06 pm

    Property Features for 2126 Broadway Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    On Street, Parking Lot
    Standard status
    Active
    APN
    892203
    Size
    2,000 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    6080

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1980
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete
    Building materials
    Frame
    Roof type
    Membrane

    We can help!

    Listing Contact
    Rutledge Property Group

    Listing agent Rutledge Property Group License #201007081

    Listing office eXp Realty, LLC 710 Cardley Ave, Salem, OR

    Listing date Oct 24, 2025

    MLS# 220211160

    Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey and highly successful restaurant business.
    • High visibility location in the center of town, across from the Post Office and Ace Hardware.
    • Remodeled dining room with new seating, tables, and bar top; seating for 75+ diners.
    • Fully equipped commercial kitchen with double convection ovens, gas stove top, large flat top, two large fryers, and well‑maintained exhaust system.
    • Extensive cold storage including an impressive walk‑in cooler and double freezer.
    • Includes prep kitchen with Hobart mixer, meat slicer, large ice maker, and Autochlor dishwasher.

    Overview

    This is a turnkey and highly successful restaurant located in the charming town of Malin, Oregon. The restaurant benefits from high visibility due to its location across from the Post Office and Ace Hardware. The interior is clean, organized, and remodeled. The dining room accommodates seating for over 75 diners and features new seating, tables, and a bar top, along with clean bathrooms. A 3-beer tap system, beverage cooler, and a well-organized server station are included. The kitchen is equipped with double convection ovens, a gas stove top, a large flat top, two large fryers, a well-maintained exhaust system, and ample cold storage and prep area. The prep kitchen area includes a large Hobart mixer, meat slicer, double freezer, stainless steel table space, a large ice maker, and an Autochlor dishwasher (leased system). An impressive walk-in cooler with shelving and a rolling rack provides ample storage. Two dry storage rooms offer additional space for dry ingredients and restaurant storage. The current restaurant offers Breakfast & Lunch Tuesday-Saturday and includes dinner service on Friday. The property size is 2000 square feet and the lot size is 0.15 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    P. Willikers Place Restaurant

    Suggested Use

    Building Supply Auto Parts Store Auto Repair Shop Storage Facility Food Market Grocery & Convenience Store Wine and Liquor Store Restaurant (Bike/Boat/Book/etc) Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malin
    County
    Klamath
    State
    Oregon
    Longitude
    -121.407873
    Latitude
    42.010582

    FAQs

    What type of property is this?
    Restaurant - Successful restaurant for sale in Malin, Oregon with high visibility.
    Where is this restaurant located?
    The property is located at 2126 Broadway Street Malin, OR.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: Turnkey and highly successful restaurant business.; High visibility location in the center of town, across from the Post Office and Ace Hardware.; Remodeled dining room with new seating, tables, and bar top; seating for 75+ diners.
    (541) 778-9677
    We can help!
    Listing Contact
    Rutledge Property Group
    Real Estate License ID: 201007081
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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