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    OFF-MARKET
    Turn key restaurants

    1754 Rogue Riv Hwy, Gold Hill, OR 97525-9579

    2,520 SF 0.82 ac lot Built 1940
    Individually Owned 13-yr Hold Free & Clear
    Property ID
    US71-0369853
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Teapot on Wheels Restaurant Cafe & Coffee Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rick J Thomas · 13 yrs held
    Rick J Thomas
    since 2012
    7 recorded transactions
    2012
    2012
    $250,000
    2012
    $110,000
    2008
    $400,000
    2007
    2006
    $433,558
    2005
    $500,000
    Zoning & alternative use
    IC · Gold Hill, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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