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Mixed-Use Property with Racetrack
For Sale
$695,000

56826 Wamic Market Rd, Tygh Valley, OR 97063

Restaurant, bar, event venue, and racing operations are offered with the land and buildings.

Property Size4,124 SF
Price / SF$168.53
Days on Market9

Property Features for 56826 Wamic Market Rd

General Information

Standard status Active
Size 4,124 SF
Property subtype Commercial

Additional Details

Business Included Yes
Traffic Count 514 vehicles/day
Patio Yes

Amenities

dance floor
restrooms
beer garden

Building Details

Year Built 1989
Listing Agency: Premiere Property Group, LLC
Listed By: Lisa Bettendorf
Source: Portlandorhomelistings
Added: Oct 13 Changed: Oct 21 Last Checked: Oct 21 at 2:24AM

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 Premiere Property Group, LLC

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Investment Insights

Based on property information with market context.

This 4,124-square-foot mixed-use property includes a restaurant, bar, event venue, and racetrack. The sale includes the land, buildings, and business; equipment is negotiable. Interior features include seating for 75+, a dance floor, and four restrooms, with a beer garden outdoors. Parking accommodates well over 50 vehicles, and space behind the track can support parking and dry trailer camping during events.

Grass car racing takes place in spring and summer and draws large crowds. The property has multi-use commercial zoning; any proposed uses and approvals require buyer verification. Nearby recreation includes lakes, golf, Mount Hood National Forest, and White River Wildlife Area. Maupin’s Deschutes River rafting and fishing are about 30 minutes away. The property is approximately two hours from Portland and Bend and one hour from the Columbia River Gorge. Wasco County reported a 2024 traffic count of 514 cars per day.

Key Highlights

  • 4,124‑square‑foot property includes land, buildings, and the operating business
  • Restaurant, bar, event venue, and racetrack on one property
  • Seating for 75+, a dance floor, four restrooms, and a beer garden

Property Analytics

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Current Use

Race tracks

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Hair Salon Nail Salon Wine and Liquor Store Spa & Massage 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.

Lease Details

514 VPD
Traffic count
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 97063, OR

1,236
Population
986
Households
1.3
Avg Household Size
58
Median Age
15%
College-Educated
78%
High-School Grad
140.0 sq mi
ZIP Area
9
Density / Sq Mi
$54,083
Median Household Income
$37,054
Median Earnings
$1,146
Median Rent
$274,100
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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant, bar, event venue, and racing operations are offered with the land and buildings.
Where is this mixed-use property located?
The property is located at 56826 Wamic Market Rd Tygh Valley, OR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 4,124‑square‑foot property includes land, buildings, and the operating business; Restaurant, bar, event venue, and racetrack on one property; Seating for 75+, a dance floor, four restrooms, and a beer garden
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