142 Bayfront Loop Winchester Bay, OR 97467
- Retail properties
- 1,896 SF
- 0.08 lot acres
Current Use by Public Records
- Retail properties
Property Details for 142 Bayfront Loop
- Year built
- 1983
- Lot size
- 0.08 lot acres
- Property size
- 1,896 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional waterfront restaurant opportunity in Winchester Bay, Oregon, is offered at $299,950. Located at 142 Bayfront Loop (APN R51728), this turnkey business includes the building, fixtures, equipment, and established seafood market. The 1,896 square foot restaurant, built in 1983, sits on a 0.08-acre lot and boasts a charming dining room with seating for 50 patrons, offering stunning harbor and ocean views. A fully equipped kitchen and separate seafood processing facilities are included. The property features 16 parking spaces and is zoned CA-12. The land is leased from the Port at a monthly rate of $420, with a modified lease having one year remaining. The restaurant operates within a single tenancy and currently enjoys 100% occupancy. This profitable business benefits from an excellent menu, a strong reputation, and a loyal customer base. While currently operating as a successful restaurant and seafood market, the building's versatile design presents potential for various other uses. This is a rare opportunity to acquire a thriving waterfront business in a desirable location. The property consists of two single-story buildings. The attractive 17.11% cap rate makes this a compelling investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winchester Bay
- County
- Douglas
- State
- Oregon
- Longitude
- -124.176
- Latitude
- 43.6788
