359 Main St Union, OR 97883-8908
This thriving, turn-key restaurant in Union, Oregon, presents a unique investment opportunity. Located at the intersection of OR Hwy 203 and 237, this 960 square foot drive-in diner enjoys a highly visible, prime location directly across from the town's only hotel and adjacent to its only gas station, ensuring consistent high traffic. The property includes a 0.11-acre lot, the building itself, all fixtures and equipment, and existing inventory. The current owner, operating successfully for 28 years, is offering up to 90 days of assistance to facilitate a smooth transition for the new owner. This ensures a seamless handover of operations and allows for a comprehensive understanding of the business's daily workings. Seller financing is available for qualified buyers with a strong credit history and a demonstrated commitment to customer service. This is an exceptional chance to acquire an established, profitable business with significant growth potential, particularly given the strong fall sales season. The opportunity to own and operate a successful restaurant in a desirable location like this doesn't come along often. Don't miss out on this chance to establish yourself in the Union, Oregon community.
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
Property description
Physical attributes from public recordsZoning & alternative use
UN-C1;GENERAL COMMERCIAL · Union, ORUnion. Always verify with local authorities before improvements.
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.