1754 Rogue Riv Hwy Gold Hill, OR 97525-9579
- Turn key restaurants
- 2,520 SF
- 0.82 lot acres
Current Use by Public Records
- The Teapot on Wheels / Tea House / Event Venue
Property Details for 1754 Rogue Riv Hwy
- Year built
- 1940
- Lot size
- 0.82 lot acres
- Property size
- 2,520 SF
- Zone code
- IC
- Property type
- Turn key restaurants
- APN
- 1-0178076
- APU
- 10178076
Description
This exceptional business opportunity presents the chance to acquire "The Teapot On Wheels," a thriving tea room and wedding venue nestled on the scenic Rogue River in Gold Hill, Oregon. Located at 1754 Rogue River Hwy, this turnkey operation boasts a charming atmosphere and a strong reputation within the community. The property includes a three-story, 1945-built building with one unit, currently operating at 100% occupancy. The business offers a diversified revenue stream, generating a Net Operating Income (NOI) of $52,724, resulting in a compelling 30.13% cap rate. The asking price is $175,000, representing a significant value-add investment opportunity. The established tea room is fully equipped and ready for immediate operation, featuring all necessary brewing equipment and charming décor. Its beautifully landscaped outdoor space provides an idyllic setting for weddings and other events. The business benefits from a loyal customer base and a prime riverside location, attracting both local residents and tourists. Significant growth potential exists through expanding the tea room's offerings, such as themed events or afternoon tea services, or further developing the already successful wedding venue business. This is an ideal acquisition for tea enthusiasts, hospitality professionals, entrepreneurs, or community-minded individuals seeking a profitable and unique business with substantial growth potential. Financial records supporting the NOI and cap rate are available upon request. The property is classified as a Class B building with a modified lease type. Jackson County, Oregon, zip code 97525.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $225,000
- 7%
- $215,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $260,000
- Mixed-Use
- $220,000
- Hospitality
- $215,000
- Educational
- $240,000
- Residential Income
- $230,000
- Energy
- $230,000
- Income-Based Land
- $240,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Gold Hill
- County
- Jackson
- State
- Oregon
- Longitude
- -123.125
- Latitude
- 42.4194
- CBSA code
- 32780
- CBSA name
- MEDFORD, OR METROPOLITAN STATISTICAL AREA
