2738 Hwy 97 Madras, OR 97741-8859

Property Details for 2738 Hwy 97

Year built

1997

Lot size

1.69 lot acres

Property size

3,920 SF

Zone code

RR-5

Property type

Commercial real estate

APN

111323-CB-00900

APU

111323CB00900

Description

This exceptional offering presents a rare opportunity to acquire a thriving, established pizza parlor in Madras, Oregon. The property includes a 2,820 square foot commercial building housing Charlie's Pizza Parlor, a beloved Central Oregon institution operating successfully for 35 years and boasting a loyal customer base extending throughout the region. This is a true turnkey operation, complete with all necessary equipment, a comprehensive inventory, established vendor relationships, and even treasured recipes. The sale encompasses not only the profitable restaurant business itself but also the underlying 1.62-acre land parcel. Adding to the appeal is a 1997 double-wide manufactured home, featuring three bedrooms and two bathrooms, along with a convenient attached garage. This residential component provides comfortable on-site living for the owner or manager, eliminating the need for separate housing and streamlining operations. The property's combination of a well-established business, ample land, and convenient on-site housing presents a unique and compelling investment opportunity. The asking price of $569,000 reflects the value of the entire package, offering a significant return on investment for the right buyer. This is a chance to step into a ready-made success story in a desirable location.