Freestanding Bar and
770 S Bertelsen Rd Eugene, OR 97402
For Sale
$940,000
Freestanding bar/restaurant building with fenced outdoor area and large parking lot on a 0.54-acre parcel.
Property Size2,750 SF
Lot Size0.54 Acres
Price / SF$341.82
Days on Market281
Property Features for 770 S Bertelsen Rd
General Information
Standard status
Active
Size
2,750 SF
Lot size
0.54 Acres
Property subtype
Commercial
Building Details
Year Built
1960
Listing Agency:
RE/MAX Integrity
(541) 517-3266
Listed By:
David Smid · License #200404377
(541) 517-3266
Source:
Metanars
Added: Oct 23, 2025
Changed: Jul 28
Last Checked: Jul 29 at 1:01PM
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 RE/MAX Integrity
Investment Insights
Based on property information with market context.
Freestanding bar and restaurant building for sale, offered as real estate only. The property includes a 2,750-square-foot building on a large 0.54-acre lot with plenty of parking and a fully fenced outdoor area.
Additional income is supported by a billboard sign on the property.
The offering is focused on the improvements and site for the operation, with onsite parking and outdoor space already in place for customer use.
Additional income is supported by a billboard sign on the property.
The offering is focused on the improvements and site for the operation, with onsite parking and outdoor space already in place for customer use.
Key Highlights
- Freestanding bar/restaurant building built in 1960
- 2,750 SF building on a 0.54‑acre lot
- Large parking lot with plenty of parking
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.7k | $22.80 |
| − Vacancy | −$2.2k | −$0.80 |
| EGI | $60.5k | $22.00 |
| − OpEx | −$15.1k | −$5.50 |
| NOI | $45.4k | $16.50 |
2,750 SF · lease $22.80/SF/yr · vacancy 3.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$648.3K
$567.2K – $756.3K
NOI $45,379 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$829.7K
$726.0K – $968.0K
NOI $58,080 @ 7.0% cap · market cap 6.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Everyone's Market — 1245 Echo Hollow Rd, Eugene, OR 97402
Frequently Asked Questions
What type of property is this?
Bar & Pub - Freestanding bar/restaurant building with fenced outdoor area and large parking lot on a 0.54-acre parcel.
Where is this bar & pub located?
The property is located at 770 S Bertelsen Rd Eugene, OR.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: Freestanding bar/restaurant building built in 1960; 2,750 SF building on a 0.54‑acre lot; Large parking lot with plenty of parking
