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Property profile & analytics
OFF-MARKET
Turn key restaurants

181 Main St Toledo, OR 97391-1541

3,088 SF 0.08 ac lot Built 1956
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US71-0982566
Property summary
AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving restaurant and bar located at 181 S Main Street in Toledo, Oregon. The property, built in 1956, boasts a 3,485 square foot building situated on a 3,484.8 square foot lot. The asking price is $1,200,000. This turnkey operation includes all furnishings and fixtures, allowing for immediate commencement of business. The established business enjoys a strong reputation within the Toledo community, serving as a beloved local hangout. The spacious interior features rustic décor, creating a welcoming atmosphere for patrons. A fully equipped kitchen is ready for culinary operations, and a well-stocked bar is prepared to serve a wide selection of beverages. The business also offers lottery games. This property is ideally suited for an entrepreneur seeking to acquire an established, profitable business in a vibrant community setting. The property's prime location in the heart of Toledo ensures high visibility and accessibility. This is a rare opportunity to own a well-established and profitable business in a desirable Oregon location. The sale includes the land, building, and all existing equipment and fixtures. This is a truly turnkey operation ready for a new owner to step in and continue the success.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1956
Construction WOOD
Total area 3,088 SF
Lot 0.08 ac (3,485 SF)
Zoning code C;COMMERCIAL
APN 11-10-17-BC-06200-00
UPID US71-0982566
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
  • Timbers Restaurant & Lounge Restaurant
  • Cardtronics ATM Atm
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
Charles G Cyphert · 5 yrs held
Charles G Cyphert
since 2020
Last sale
$500,000
4 recorded transactions
2020
$500,000
2010
Price N/A
2008
$33,000
1969
Price N/A
Zoning & alternative use
C;COMMERCIAL · Toledo, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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