Technical
Financial
Distress signals
Property profile

105 S Main St Halfway, OR 97834

FOR SALE
Turn key restaurants
Property ID
US71-1108158
4,352 SF 0.14 ac lot Built 1950
Individually Owned 14-yr Hold Free & Clear
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

105 S Main St Halfway, OR 97834
Halfway metro Census 950600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2012
2 recorded transactions
2012
$110,000
2012
$72,500

Zoning & alternative use

C/R; COMM/RESIDENTIAL · Halfway, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message