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Property profile & analytics
OFF-MARKET
Turn key restaurants

105 Main St Halfway, OR 97834

4,352 SF 0.14 ac lot Built 1950
Individually Owned 13-yr Hold Free & Clear
Property ID
US71-1108158
Property summary
AI-generated overview

This exceptional commercial property, located at 105 N MAIN St in the charming town of Halfway, Oregon, presents a unique investment opportunity. Spanning 4,351 square feet on a 0.14-acre lot, this well-established business boasts a rich history as Wild Bill's restaurant and saloon-style bar. Situated in the heart of downtown Halfway, the property benefits from high visibility and convenient access. The building has undergone significant recent improvements, including a brand-new roof, HVAC system, and hood vent, ensuring optimal functionality and efficiency. A state-of-the-art air suppression system is also in place, enhancing safety and security. The property's long-standing reputation as a popular dining and entertainment destination within the close-knit Halfway community provides a solid foundation for continued success. This turnkey operation offers a rare chance to acquire a thriving business with significant recent upgrades, perfectly positioned to capitalize on the unique appeal of Halfway's small-town atmosphere. The asking price is $299,900. This represents a compelling investment opportunity for those seeking a profitable venture in a desirable location. The property's size, location, and recent renovations make it an attractive proposition for both seasoned entrepreneurs and first-time business owners. The established clientele and strong community ties offer a significant advantage in the competitive market.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Total area 4,352 SF
Lot 0.14 ac (6,098 SF)
Zoning code C/R; COMM/RESIDENTIAL
APN 08S4608DC 2600
UPID US71-1108158
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
Current use
Occupant on record · Public records
  • Wild Bills & Co Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Meriann L Gonzales Digges · 13 yrs held
Meriann L Gonzales Digges
since 2012
2 recorded transactions
2012
$110,000
2012
$72,500
Zoning & alternative use
C/R; COMM/RESIDENTIAL · Halfway, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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