2738 Us-97 Madras, OR 97741
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.