2738 Us-97 Madras, OR 97741
- Retail properties
- 2,820 SF
- 1.62 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2738 Us-97
- Year built
- 1961
- Lot size
- 1.62 lot acres
- Property size
- 2,820 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turnkey business opportunity presents a thriving pizza parlor in Madras, Oregon. Located at 2738 US-97, this established restaurant boasts a loyal customer base cultivated over 35 years of operation in Central Oregon. The sale includes the business itself, complete with all necessary equipment, inventory, vendor lists, and recipes, ensuring a seamless transition for the new owner. The property encompasses a generous 1.62 acres and features two buildings: the 2,820 square foot restaurant and a 1997 double-wide manufactured home with three bedrooms, two bathrooms, and a garage. This residential component provides convenient on-site living for the owner or manager. The restaurant operates at 100% occupancy, generating a strong revenue stream. Built in 1961, the property is zoned RR5 and offers significant potential for continued growth and profitability. The asking price is $569,000, translating to $201.77 per square foot. This is a rare opportunity to acquire a well-established, profitable business with significant real estate assets in a desirable location. The property's size and zoning offer potential for future expansion or development. This is a truly unique opportunity for an experienced restaurateur or savvy investor seeking a proven, successful business with significant upside.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Madras
- County
- Jefferson
- State
- Oregon
- Longitude
- -121.146
- Latitude
- 44.5968
