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Property summary
This exceptional turn-key commercial property, located at 231 Garibaldi Avenue in Garibaldi, Oregon, presents a unique investment opportunity. Situated on 0.15 acres along Highway 101, the Pacific Coast Scenic Byway, this 3,395 square foot freestanding building has served as a long-standing and popular dining destination. The restaurant and lounge offer ample space for breakfast, lunch, and dinner service, including a bar/lounge area and a covered rear patio. The business currently operates… with up to six lottery machines, generating an average annual Video Lottery Commission of $100,000. Its prime location benefits from high visibility and significant foot traffic, drawing customers from a diverse range of sources. The property's proximity to Old Mill RV Park & Event Center and the Oregon Coast Scenic Railroad (with four daily runs from Memorial Day to Labor Day) ensures a consistent stream of potential patrons. The restaurant caters to locals, tourists, and visitors alike, leveraging the area's numerous motels, vacation rentals, RV parks, and the bustling activity of the Port of Garibaldi Boat Basin. This property offers the flexibility to continue the existing successful restaurant operation or implement a new culinary concept, capitalizing on the established customer base and advantageous location within "Oregon's Authentic Fishing Village." The asking price for this exceptional property is $1,350,000.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 3,395 SF
- Lot area
- 0.15 ac
- Year built
- 1990
- APN
- 1N1021-AD-09900
- Zoning
- GB-C-1
- Assessed value · 2023
- $512,920
- Annual tax · 2023
- $6,894
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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