Brewery Production
For Sale
Contact for pricing
63063 Layton Ave, Bend, OR 97701
Purpose-built brewery with a taproom, dedicated production buildings, and supporting industrial infrastructure.
Property Size8,968 SF
Lot Size0.66 Acres
Price / SF$434.88
Days on Market88
Property Features for 63063 Layton Ave
General Information
Standard status
Active
Size
8,968 SF
Lot size
0.66 Acres
Property subtype
Industrial
Zoning
Light Industrial (IL)
Investment Type
Owner/User
Additional Details
Three-Phase Power
Yes
Amenities
covered patio areas
Building Details
Year Built
2006
Buildings
4
Listing Agency:
Compass Commercial Real Estate Services
(541) 848-4068
Listed By:
Pat Kesgard · License #OR 200408179
Source:
Crexi
Added: Jun 5
Changed: Aug 30
Last Checked: Aug 30 at 6:47AM
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
Investment Insights
Based on property information with market context.
This 8,968-square-foot brewery property is arranged for both beverage production and on-site service. The improvements include a taproom, covered patio areas, roll-up doors, dedicated production buildings, and separate areas for manufacturing and storage. Trench and floor drainage, wastewater improvements, and 3-phase electrical service support the operational layout. The property was built in 2006 and occupies 0.66 acres.
Light Industrial (IL) zoning supports the existing brewery configuration and other compatible production-oriented applications identified for the site, including distilling, food and beverage manufacturing, and specialty manufacturing. Brewing and restaurant equipment are available separately.
Light Industrial (IL) zoning supports the existing brewery configuration and other compatible production-oriented applications identified for the site, including distilling, food and beverage manufacturing, and specialty manufacturing. Brewing and restaurant equipment are available separately.
Key Highlights
- 8,968‑square‑foot facility on 0.66 acres
- Light Industrial (IL) zoning
- Purpose‑built taproom with covered patio areas
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
$271,192
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
6.95%
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%
$5,423,840
$5.4M
Cap Rate 7%
$3,874,171
$3.9M
Cap Rate 9%
$3,013,244
$3.0M
Market Conditions
NOI Build-Up for 8,968 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
$376.7K $42.00/SF
− Vacancy
−$15.1K −$1.68/SF
EGI
$361.6K $40.32/SF
− OpEx
−$90.4K −$10.08/SF
NOI
$271.2K $30.24/SF
Area
Bend, OR
Vacancy
4.00%
Lease Rate
$42.00 /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%
$5,423,840
Cap Rate 7%
$3,874,171
Cap Rate 9%
$3,013,244
Alternative Uses
Best Use
Specialty Retail
$3.87M
$3.39M – $4.52M
NOI $271,192 @ 7.0% cap · market cap 6.95%
Second Best
Industrial
$1.18M
$1.04M – $1.38M
NOI $82,817 @ 7.0% cap · market cap 2.12%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
Explore this area
Business Placement
Demographics for 97701, OR
42,159
Population
19,020
Households
2.2
Avg Household Size
38
Median Age
42%
College-Educated
94%
High-School Grad
311.8 sq mi
ZIP Area
135
Density / Sq Mi
$77,969
Median Household Income
$47,431
Median Earnings
$1,700
Median Rent
$567,800
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Brewery - Purpose-built brewery with a taproom, dedicated production buildings, and supporting industrial infrastructure.
Where is this brewery located?
The property is located at 63063 Layton Ave Bend, OR.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 8,968‑square‑foot facility on 0.66 acres; Light Industrial (IL) zoning; Purpose‑built taproom with covered patio areas
