Established Restaurant Business
For Sale
Contact for pricing
580 US-101, Yachats, OR 97498
Restaurant business and building for sale in Yachats, Oregon.
Property Size2,958 SF
Price / SF$352.43
Days on Market1260
Property Features for 580 US-101
General Information
Standard status
Active
Size
2,958 SF
Property subtype
Retail
Zoning
R-1
Building Details
Year Built
1991
Listing Agency:
Coldwell Banker Coast Real Estate
(541) 997-7777
Listed By:
Andy Johnson · License #920900091
Source:
Crexi
Added: Mar 9, 2023
Changed: Aug 8
Last Checked: May 12 at 8:51PM
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 Coldwell Banker Coast Real Estate
Investment Insights
Based on property information with market context.
This offering presents a business opportunity in the coastal town of Yachats. Included in the sale are both the building and a well-established local restaurant business. The restaurant has been in continuous operation under the same owner for over 40 years. The property has a size of 2958 square feet.
Key Highlights
- Well‑established local restaurant with 40+ years of continuous operation under one owner.
- Rare business opportunity in the vibrant coastal town of Yachats.
- Sale includes both the business and the building.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,764
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$615,280
$615.3K
Cap Rate 7%
$439,486
$439.5K
Cap Rate 9%
$341,822
$341.8K
Market Conditions
NOI Build-Up for 2,958 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$42.6K $14.40/SF
− Vacancy
−$1.6K −$0.53/SF
EGI
$41.0K $13.87/SF
− OpEx
−$10.3K −$3.47/SF
NOI
$30.8K $10.40/SF
Area
Lincoln County, OR
Vacancy
3.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$615,280
Cap Rate 7%
$439,486
Cap Rate 9%
$341,822
Alternative Uses
Best Use
Specialty Retail
$439.5K
$384.6K – $512.7K
NOI $30,764 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$771.5K
$675.1K – $900.1K
NOI $54,008 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97498, OR
2,251
Population
1,769
Households
1.3
Avg Household Size
60
Median Age
46%
College-Educated
95%
High-School Grad
108.0 sq mi
ZIP Area
21
Density / Sq Mi
$71,213
Median Household Income
$29,550
Median Earnings
$893
Median Rent
$483,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant business and building for sale in Yachats, Oregon.
Where is this conventional restaurant located?
The property is located at 580 US-101 Yachats, OR.
What is the asking price?
The asking price for this property is $1,042,500.
What are key features of this property?
This property features: Well‑established local restaurant with 40+ years of continuous operation under one owner.; Rare business opportunity in the vibrant coastal town of Yachats.; Sale includes both the business and the building.
