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Property profile & analytics
FOR SALE
Turn key restaurants

145 2Nd St Se Bandon, OR 97411

Built 1937
Individually Owned Free & Clear
Property ID
US71-0556098
Property summary
AI-generated overview

This exceptional 2,700 square foot commercial property, located at 145 2nd Street in the heart of Bandon, Oregon's Old Town, presents a unique investment opportunity. Formerly the highly successful Minute Cafe, this established eatery boasts a prime location just one block from the boardwalk and harbor, ensuring high visibility and foot traffic. The building, remodeled in 2004, is fully compliant with FEMA and ADA standards. The sale includes all fixtures, appliances, and furnishings, offering a true turnkey operation for a new owner. This allows for a swift reopening, minimizing start-up costs and maximizing potential for immediate revenue generation. The Minute Cafe enjoyed decades of success as a beloved local gathering spot before temporarily closing at the beginning of the pandemic. The property's excellent condition and included private parking lot further enhance its appeal. Priced at $850,000, this is a rare opportunity to acquire a well-established business in a highly desirable location. Properties of this caliber and location rarely become available. Don't miss this chance to own a piece of Bandon's vibrant Old Town.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1937
Zoning code C-1
APN 28 S 15 W 25 AD 500
UPID US71-0556098
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
  • Jens Joint Coffee Shop Cafe & Coffee Shop
  • Minute Cafe Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
PATRICIA A TAYLOR
PATRICIA A TAYLOR
Zoning & alternative use
C-1 · Bandon, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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