38687 Proctor Blvd, Sandy, OR 97055-8028
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.
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Le HAPPY Crêperie & Bar Restaurant
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
C1 · Sandy, ORSandy. 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.