Property summary
Prime commercial real estate opportunity in Astoria, Oregon! This 1,666 square foot, multi-use property located at 34635 Highway 101 Business sits on a 0.24-acre lot. Currently operating as a successful pub, coffee house, and restaurant, this established business boasts a rich history dating back to the 1940s, serving the community for generations. Recently updated in 2018, the property features a brand new roof and a new cooler compressor, ensuring efficient and cost-effective operation. The business, known as Taps Espresso Grub and Pub, is renowned for its famous breakfast burritos and enjoys a loyal customer base. This turnkey operation presents a unique chance to acquire a well-established business with significant potential for growth. The property's location on Highway 101 Business provides excellent visibility and accessibility, attracting both local and tourist traffic. The asking price is $550,000. This is an exceptional investment opportunity for an experienced restaurateur or entrepreneur seeking a profitable and established business in a vibrant coastal community. Don't miss this chance to own a piece of Astoria's history and culinary scene.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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