1644 Main St, Philomath, OR 97370-9237
- Turn key restaurants
- 4,039 SF
- 0.28 lot acres
Current Use by Public Records
- Eats & Treats / Restaurant
- Little Free Library Charter #120031 / Media Distribution
Property Details for 1644 Main St
- Year built
- 1988
- Lot size
- 0.28 lot acres
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 12612DB03600
- APU
- 12612DB03600
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 17, 2021 | — | Francis David Mchenry | Erich Burkhard | Bargain And Sale Deed | — |
| Dec 17, 2020 | — | Mchenry Family Living Trust | Francis D Mchenry | Quit Claim Deed | — |
| May 20, 2020 | — | Francis D Mchenry | — | Deed · related | $113k · Oregon Cascades W Council/gov' |
| Feb 10, 2014 | — | Francis D Mchenry | Mchenry Family Trust | Quit Claim Deed · related | $113k · Oregon Cascades W Council/gov' |
| Aug 8, 2013 | $375,000 | Mchenry Family Living Trust | H Held LLC | Warranty Deed | $310k · H Held LLC |
| Feb 24, 2005 | — | H Held LLC | Held,holley E | Quit Claim Deed · related | — |
| May 6, 1997 | $200,000 | Rex Shroyer | Simonson,roger S & Susan M | Grant Deed | $214k · Us Bank Of Oregon |
| — | — | Rex G Shroyer | — | Deed Of Trust · related | $162k · Oregon State Bank |
| — | — | David R Hines | — | Deed Of Trust · related | $22k · Citizens Federal Bank Fsb |
| — | — | Francis D Mchenry | — | Loan Modification · related | $113k · Oregon Cascades W Council/gov' |
Description
Exceptional opportunity to acquire a well-established restaurant and building in the bustling town of Philomath, Oregon. This 4,039 square foot, single-story building, situated on a 0.28-acre lot at 1644 Main Street, boasts a prime location with high traffic visibility. Built in 1988 and extensively renovated in 2012, the property features ample parking (19 spaces) and is zoned C-2, allowing for diverse commercial uses. The interior includes a spacious main dining area with a separate gallery accommodating up to 40 guests, a large 12x16 walk-in refrigerator, and two restrooms with two stalls each. The building is equipped with two HVAC units and a swamp cooler. The current tenant, a successful restaurant and bakery, offers a turnkey operation, including all kitchen equipment, a smoker, grill, established recipes, and pre-packaged mixes. The business has demonstrated consistent year-over-year sales growth for ten years, even during the COVID-19 pandemic. A dedicated gluten-free menu and mill with ten packaged dry mixes present significant expansion potential. The asking price for the real estate is $969,000. The business is available for an additional $275,000. This is a rare opportunity to own a thriving business with a loyal customer base in a desirable location. The maximum occupancy is 99 persons.
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Location Insight
- Map
- Local Demand
- City
- Philomath
- County
- Benton
- State
- Oregon
- Longitude
- -123.362
- Latitude
- 44.5397
- CBSA code
- 18700
- CBSA name
- CORVALLIS, OR METROPOLITAN STATISTICAL AREA
