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    1807 Olympic St Springfield, OR 97477

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    For Sale
    Contact for pricing

    Established Restaurant, 5,945 SF, High Visibility

    Property size:
    5,945 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional restaurant opportunity in Springfield, Oregon, presents a unique chance to acquire a thriving business in a prime location. The property boasts 5,945 square feet of space, comfortably seating 120 patrons. Its highly visible corner location within Springfield's Mohawk commercial sector ensures significant foot traffic and brand recognition. Ample parking is available on-site, adding to the convenience for customers. The property's current configuration includes a fully operational restaurant and catering/events facility. Detailed financial information and lease terms are available under a Non-Disclosure Agreement (NDA) to qualified buyers. Serious inquiries only. On-site visits are available for prospective buyers on Mondays and Tuesdays, following the execution of an NDA. The sale includes all business assets and properties. Financing options may be available to qualified buyers

    Property Features for 1807 Olympic St

    General Information

    Property type
    Restaurants
    Square Feet
    5,945 SF

    HighLights

    • 5,945 SF building.
    • 120‑seat capacity.
    • Ample parking.
    • High‑visibility corner location in Springfield's Mohawk commercial sector.
    • Confidentiality agreement required before showings.
    • Showings available Mondays and Tuesdays.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hole in the Wall BBQ ... Barbecue Restaurant Miss Mazy's Amazin' ... Restaurant Craveburger Hamburger Restaurant Monster Mac American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Lane
    State
    Oregon
    Longitude
    -122.9978823
    Latitude
    44.0593671

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, 5,945 SF, High Visibility
    Where is this restaurant located?
    The property is located at 1807 Olympic St Springfield, OR.
    What are key features of this property?
    This property features: 5,945 SF building.; 120-seat capacity.; Ample parking.
    Request Owner's contact information
    1807 Olympic St Springfield, OR 97477
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    Springfield, OR 97477
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1807 Olympic St Springfield, OR 97477
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