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    OFF-MARKET
    Retail properties & Spaces

    142 Bayfront Loop, Winchester Bay, OR 97467

    1,896 SF 0.08 ac lot Built 1983
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1983
    Total area 1,896 SF
    Lot 0.08 ac (3,485 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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