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Turnkey Bar and Restaurant
For Sale
$1,800,000

4805 Netarts Hwy W, Tillamook, OR 97141

Turnkey bar/restaurant with full-service kitchen, six lottery machines, covered deck, and adjacent 1BR rental.

Lot Size0.50 Acres
Days on Market414

Property Features for 4805 Netarts Hwy W

General Information

Standard status Active
Lot size 0.50 Acres

Financials

Cap Rate 9%
Business Included Yes

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Additional Details

Multifamily Units 1
Listing Agency: Rob Trost Real Estate LLC
Listed By: Dustin Trost · License #200602344
Source: Exprealty
Added: Jun 15, 2025 Changed: Jul 20 Last Checked: Jul 22 at 6:59AM

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 Rob Trost Real Estate LLC

Investment Insights

Based on property information with market context.

Turnkey bar and restaurant operating as The Upstairs Bar & Grill, extensively remodeled and presented in excellent condition. The property includes a full-service kitchen plus six high-performing Oregon Lottery machines. Outdoor space is highlighted by a spacious covered deck overlooking Netarts Bay, supported by a level lot with ample parking and a fenced outdoor area for games and events.

The sale also includes an adjacent 1BD/1BA rental unit for added income or on-site housing. The business is located on Hwy 131 in Netarts, and the public remarks note it is one of only two bars in town. Offered with real property included, the transaction includes FF&E, most inventory, and the business name. The seller also indicates possible seller financing with a large down payment, and mentions projected strong financial performance with a 9%+ projected cap rate.

Key Highlights

  • Turnkey bar/restaurant on Hwy 131 in Netarts with real property included
  • Extensively remodeled and in excellent condition, with a full‑service kitchen
  • Includes six Oregon Lottery machines and a spacious covered deck overlooking Netarts Bay

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Hair Salon

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

1
Residential units
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

9
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97141, OR

13,951
Population
6,367
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
258.9 sq mi
ZIP Area
54
Density / Sq Mi
$66,081
Median Household Income
$36,587
Median Earnings
$1,127
Median Rent
$376,200
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

  • The Schooner Restaurant & Lounge — 2065 NW Boat Basin Rd, Netarts, OR 97143
  • Upstairs Bar & Grill — 4805 Netarts Hwy W, Tillamook, OR 97141

Frequently Asked Questions

What type of property is this?
Bar & Pub - Turnkey bar/restaurant with full-service kitchen, six lottery machines, covered deck, and adjacent 1BR rental.
Where is this bar & pub located?
The property is located at 4805 Netarts Hwy W Tillamook, OR.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Turnkey bar/restaurant on Hwy 131 in Netarts with real property included; Extensively remodeled and in excellent condition, with a full‑service kitchen; Includes six Oregon Lottery machines and a spacious covered deck overlooking Netarts Bay
More about this property
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