Property profile

1754 Rogue Riv Hwy Gold Hill, OR 97525

OFF-MARKET
Turn key restaurants
Property ID
US71-0369853
2,520 SF 0.82 ac lot Built 1940
Individually Owned 13-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Total area 2,520 SF
Lot 0.82 ac (35,719 SF)
Zoning code IC
APN 1-0178076
UPID US71-0369853

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
  • Restaurant Cafe & Coffee Shop

Location

1754 Rogue Riv Hwy Gold Hill, OR 97525-9579
Gold Hill metro Census 3001 MEDFORD, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$240k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2012
7 recorded transactions
2012
Price N/A
2012
$250,000
2012
$110,000
2008
$400,000
2007
Price N/A
2006
$433,558
2005
$500,000

Zoning & alternative use

IC · Gold Hill, 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
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