33103 Redwood Hwy, O Brien, OR 97534

Building Details

Year Built 1948 More

Listing Agency: Century 21 North Homes Realty

Listed By: Strategic Realty, LLC Show Phone

Source: Movetobend

Added: Sep 26 Changed: Nov 10 Last Checked: Nov 10 at 8:51AM

Report an Issue

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 Century 21 North Homes Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

The restaurant property includes a 3,125-square-foot main building with a commercial kitchen, walk-in refrigerators, and a full-service bar. Restaurant and bar furniture, fixtures, and equipment are included. Two fenced patios and a beer garden provide outdoor areas for dining, live music, and events.

A newer 750-square-foot unit on the property has a kitchenette and half bath. The site is located on Hwy 199. Potential uses mentioned include dining, truck or RV parking, storage, and expansion, subject to verification of permitted uses and required approvals.

Key Highlights

• 3,125‑square‑foot main building with commercial kitchen and walk‑in refrigerators
• Full‑service bar with restaurant and bar FF&E included
• Two fenced patios and a beer garden for dining, music, and events

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$44,162

Suggested Prices Based on Cap Rates

Cap Rate 5%

$883,240 $883.2K

Cap Rate 7%

$630,886 $630.9K

Cap Rate 9%

$490,689 $490.7K

What to ask about pricing

Market Conditions

NOI Build-Up for 3,875 SF

Gross rent

$62.8K $16.20/SF

− Vacancy

−$3.9K −$1.00/SF

EGI

$58.9K $15.20/SF

− OpEx

−$14.7K −$3.80/SF

NOI

$44.2K $11.40/SF

Area

Josephine County, OR

Vacancy

6.20%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$883,240

Cap Rate 7%

$630,886

Cap Rate 9%

$490,689

Alternative Uses

Best Use

Specialty Retail

$630.9K

$552.0K – $736.0K (±1% cap)

NOI $44,162 @ 7.0% cap

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$878.6K

$768.8K – $1.03M (±1% cap)

NOI $61,503 @ 7.0% cap

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

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Intentional Creations Alternative Medicine Practice

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Bed & Breakfast Restaurant Wine and Liquor Store

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

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

22

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 97534, OR

664

Population

520

Households

1.3

Avg Household Size

55

Median Age

21%

College-Educated

77%

High-School Grad

25.6 sq mi

ZIP Area

26

Density / Sq Mi

$30,231

Median Household Income

$20,457

Median Earnings

$257,500

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

Frequently Asked Questions

What type of property is this?

Conventional restaurant - A separate kitchenette-equipped unit and fenced outdoor areas complement the restaurant facilities.

Where is this conventional restaurant located?

The property is located at 33103 Redwood Hwy O Brien, OR.

What are key features of this property?

This property features: 3,125‑square‑foot main building with commercial kitchen and walk‑in refrigerators; Full‑service bar with restaurant and bar FF&E included; Two fenced patios and a beer garden for dining, music, and events