2620 2nd St The Dalles, OR 97058-4128
This exceptional 3,379 square foot restaurant property, located at 2620 W 2nd St in The Dalles, Oregon, presents a rare investment opportunity. Listed at $525,000 ($155.37/sq ft), this single-story, 1930s building sits on a spacious 19,553 square foot lot (APN 934) and is zoned CLI. The property boasts a fully equipped kitchen, a bar, and a walk-in cooler, making it ideal for continued operation as a restaurant or roadhouse. Alternatively, the versatile space offers significant potential for conversion to other uses. Its prime location offers easy access and visibility, further enhanced by its proximity to a Google facility, providing a strong potential client base. The surrounding area is experiencing positive growth, making this a particularly attractive investment for owner-users or investors seeking a strong return. This is a unique chance to acquire a well-established property in a thriving location with significant upside potential. The building features one story and is situated in Wasco County, Oregon, zip code 97058.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CLI · The Dalles, ORThe Dalles. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.