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Sports Pub
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52600 Hwy 97, La Pine, OR 97739

Commercial General (GC) zoning applies to the property.

Property Size3,825 SF
Lot Size0.96 Acres
Price / SF$300.65
Days on Market171

Property Features for 52600 Hwy 97

General Information

Standard status Active
Size 3,825 SF
Lot size 0.96 Acres
Property subtype Retail
Zoning Commercial General (GC)
Investment Type Net Lease

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Asking Price $1,150,000

Building Details

Tenancy Single
Listing Agency: Compass Commercial Real Estate Services
Listed By: Kristie Schmitt · License #OR 201219020
Source: Crexi
Added: Apr 29 Changed: Oct 1 Last Checked: Oct 14 at 9:00PM

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 Compass Commercial Real Estate Services

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Investment Insights

Based on property information with market context.

This sports pub property occupies 0.96 acres and is classified under Commercial General (GC) zoning. The property is located at 52600 Hwy 97 in La Pine, Oregon.

Tenant access is managed by appointment only, and on-site visits should be arranged in advance.

Key Highlights

  • Sports pub property on 0.96 acres
  • Commercial General (GC) zoning
  • Located at 52600 Hwy 97 in La Pine, OR 97739

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$83,128
Cap Rate
7.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,662,560 $1.7M
Cap Rate 7%
$1,187,543 $1.2M
Cap Rate 9%
$923,644 $923.6K
Market Conditions
NOI Build-Up for 3,825 SF
Gross rent
$114.8K $30.00/SF
− Vacancy
−$3.9K −$1.02/SF
EGI
$110.8K $28.98/SF
− OpEx
−$27.7K −$7.24/SF
NOI
$83.1K $21.73/SF
Area
Deschutes County, OR
Vacancy
3.41%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,662,560
Cap Rate 7%
$1,187,543
Cap Rate 9%
$923,644

Alternative Uses

Best Use
Specialty Retail
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,128 @ 7.0% cap · market cap 7.23%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$1.32M
$1.15M – $1.54M (±1% cap)
NOI $92,149 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Bars & Pubs

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Building Supply Veterinary Clinic Auto Parts 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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
22k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chevron Shops & Services
7,639 visits/mo 0.1 miles
Dollar General Shops & Services
5,534 visits/mo 0.1 miles
Mobil Shops & Services
4,605 visits/mo 0.4 miles
Les Schwab Tire Center Shops & Services
2,815 visits/mo 0.1 miles
Carquest Auto Parts - Baxter Auto Parts Shops & Services
1,243 visits/mo 0.2 miles

Demographics for 97739, OR

13,102
Population
6,929
Households
1.9
Avg Household Size
53
Median Age
17%
College-Educated
87%
High-School Grad
305.0 sq mi
ZIP Area
43
Density / Sq Mi
$56,256
Median Household Income
$35,775
Median Earnings
$1,144
Median Rent
$327,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

  • Vic's Bar & Grill — 16980 Burgess Rd, La Pine, OR 97739
  • Wickiup Station Sports Pub — 52600 US-97, La Pine, OR 97739
  • Johnston and Sons — 52666 Railroad St, La Pine, OR 97739

Frequently Asked Questions

What type of property is this?
Bar & Pub - Commercial General (GC) zoning applies to the property.
Where is this bar & pub located?
The property is located at 52600 Hwy 97 La Pine, OR.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Sports pub property on 0.96 acres; Commercial General (GC) zoning; Located at 52600 Hwy 97 in La Pine, OR 97739
(541) 848-4068 Call to check price and availability
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