Bar Business Opportunity with
New
For Sale
$300,000
607 E 1st St, Newberg, OR 97132
The operating business has a full commercial kitchen and seating for approximately 40 guests.
Property Size3,200 SF
Price / SF$93.75
Days on Market7
Property Features for 607 E 1st St
General Information
Standard status
Active
Size
3,200 SF
Property subtype
Commercial
Zoning
C3
Restaurant
Seating Capacity
40
Commercial Hood
Yes
Equipment Included
No
Additional Details
Business Included
Yes
Currently Operating
Yes
Building Details
Building Size
3,200 SF
Year Built
1910
Buildings
1
Stories
1
Listing Agency:
MORE Realty
Listed By:
Simon Wong · License #199910117
(503) 804-2480
Source:
Duanejohnson
Added: Oct 22
Changed: Oct 26
Last Checked: Oct 26 at 3:42AM
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 MORE Realty
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Investment Insights
Based on property information with market context.
This bar business opportunity does not include the real estate. The premises contain a full commercial kitchen with a hood, cooler and freezer, along with seating for about 40. Six poker machines are on site. The ATM and jukebox belong to vendors, and equipment belonging to the landlord must remain at the property; it cannot be sold or removed without the landlord’s written approval.
Located on Main Street in Newberg, the bar is near George Fox University. The current operator is open seven days a week. A new lease of five years, with a five-year option, requires landlord approval.
Located on Main Street in Newberg, the bar is near George Fox University. The current operator is open seven days a week. A new lease of five years, with a five-year option, requires landlord approval.
Key Highlights
- Bar business opportunity; real estate is not included
- Full commercial kitchen with hood, cooler and freezer
- Approximately 40 seats
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
36k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 32%
Jacksons
Shops & Services
13,498 visits/mo
0.1 miles
Shell
Shops & Services
6,949 visits/mo
0.1 miles
Wells Fargo
Shops & Services
4,187 visits/mo
0.5 miles
Burrito Loco
Dining
3,827 visits/mo
0.2 miles
Papa Murphy's
Dining
3,519 visits/mo
0.2 miles
Demographics for 97132, OR
32,028
Population
12,411
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
62.6 sq mi
ZIP Area
512
Density / Sq Mi
$95,150
Median Household Income
$46,005
Median Earnings
$1,567
Median Rent
$498,500
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Forage Café — 210 W 1st St, Newberg, OR 97132
- DAnu Wines Tasting Room — 300 E 1st St, Newberg, OR 97132
- Barley & Vine Tavern — 408 E 1st St, Newberg, OR 97132
- Old Town Bar & Grill — 315 E 1st St, Newberg, OR 97132
- Vino — 315 Pacific Hwy W, Newberg, OR 97132
Frequently Asked Questions
What type of property is this?
Bar & Pub - The operating business has a full commercial kitchen and seating for approximately 40 guests.
Where is this bar & pub located?
The property is located at 607 E 1st St Newberg, OR.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Bar business opportunity; real estate is not included; Full commercial kitchen with hood, cooler and freezer; Approximately 40 seats
