Property summary
This exceptional business opportunity is located at 38687 PROCTOR Blvd, Sandy, OR, offering a unique blend of restaurant and event space potential. The property boasts a substantial 2,000 square foot building situated on a 0.14-acre lot with significant road frontage. A recent remodel in 2019 significantly enhanced the property's functionality and appeal. Improvements include a second bathroom, a fully equipped commercial kitchen, and a dedicated bar area, all designed to optimize operational efficiency and customer experience. The restaurant space itself comprises 1,700 square feet, providing ample room for dining and service. An additional 300 square feet of space upstairs offers versatile office or storage options. The outdoor areas are equally impressive, featuring a beautiful covered patio ideal for dining, private events, or live music performances. An additional open patio area, complemented by attractive landscaping, requires minimal maintenance. A small, dedicated parking lot is available for staff and deliveries, ensuring convenient access. The asking price for this turnkey operation is $540,000. This property presents a rare opportunity to acquire a well-established and updated commercial space in a desirable Sandy location.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
C1 · Sandy, ORZoning
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Zoning designation
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