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    OFF-MARKET
    Turn key restaurants

    3030 Oregon SW Ave, Bandon, OR 97411-9170

    3,634 SF 0.83 ac lot Built 1969
    Individually Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US71-1736904
    Property summary
    AI-generated overview

    This exceptional 4,600 square foot restaurant and sports bar is situated on a 0.83-acre lot at the highly visible corner of Highway 101 and Seabird Drive in Bandon, Oregon. The property boasts a fully operational kitchen, complete with a brand new hood exhaust system, and a spacious dining area designed for a comfortable and relaxed atmosphere. The established business includes all equipment and fixtures, along with the existing business name, ensuring a smooth transition for the new owner. The sports bar features a full bar setup, multiple flat-screen TVs, and a designated area for Oregon Lottery machines. A newly added outdoor space, complete with a covered patio, fire pit, and tables, provides additional seating and ambiance. Ample parking is available for cars and RVs. The asking price for this turnkey operation, including the building and business, is $985,000. This prime location offers high traffic exposure, attracting both tourists and locals, and presents significant potential for continued success. The property's versatility also makes it suitable for a variety of other commercial enterprises. This is a rare opportunity to acquire a thriving business and valuable real estate in a desirable location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1969
    Total area 3,634 SF
    Lot 0.83 ac (36,155 SF)
    Zoning code C-2
    APN 28 S 15 W 36 DD 800
    UPID US71-1736904
    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
    • Billy Smoothboars Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Owner & transaction history
    Dan H Barnett · 18 yrs held
    Dan H Barnett
    since 2008
    2 recorded transactions
    2008
    $725,000
    2005
    $47,000
    Zoning & alternative use
    C-2 · Bandon, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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