75310 Us Highway 101 Reedsport, OR 97467
- Turn key restaurants
- 1,472 SF
- 0.14 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 75310 Us Highway 101
- Year built
- 1964
- Lot size
- 0.14 lot acres
- Property size
- 1,472 SF
- Property type
- Turn key restaurants
- APN
- 22-12W-07CA-00600
- APU
- 2212W07CA00600
Description
This exceptional turnkey restaurant opportunity is located at 75310 US Highway 101 in Reedsport, Oregon. The 1,472 square foot building sits on a 0.14-acre lot and boasts prime highway visibility with a large, highly visible sign. This established business is being offered for $399,000 and includes all furniture, fixtures, and equipment. Recent updates are extensive, encompassing new fixtures, finishes, a completely new kitchen, and all new refrigeration equipment. The restaurant benefits from a loyal local clientele and thrives on the significant tourist traffic drawn to the nearby sand dunes and popular sport fishing areas. Its strategic location on Highway 101 ensures consistent high traffic exposure, maximizing its potential for continued success. The sale includes everything needed to immediately begin operations, making this a truly turnkey opportunity for a new owner. This is a rare chance to acquire a well-established, profitable restaurant in a desirable Oregon Coast location. The asking price reflects a strong value proposition for a business ready to generate income from day one. Don't miss this chance to own a thriving coastal restaurant.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $310,000
- 6.5%
- $275,000
- 7%
- $300,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $375,000
- Retail
- $375,000
- Mixed-Use
- $305,000
- Hospitality
- $335,000
- Educational
- $370,000
- Residential Income
- $360,000
- Energy
- $335,000
- Income-Based Land
- $390,000
- Food Service
- $330,000
Location Insight
- Map
- Local Demand
- City
- Reedsport
- County
- Douglas
- State
- Oregon
- Longitude
- -124.175
- Latitude
- 43.6749
- CBSA code
- 40700
- CBSA name
- ROSEBURG, OR MICROPOLITAN STATISTICAL AREA