403 Hood Ave, Sisters, OR 97759-1130
This exceptional sale/leaseback opportunity presents a 1,216 square foot restaurant in Sisters, Oregon. Located at 403 E Hood Ave, this Class B property boasts 100% occupancy with a long-term lease in place, providing immediate cash flow. The single-tenant building sits on a 4,356 square foot lot, zoned DC (Downtown Commercial), offering significant potential for future development or expansion. The two-story structure includes an upstairs unit, presenting an additional income stream. The established restaurant tenant benefits from Sisters' thriving tourism economy, fueled by its proximity to Highway 20 and renowned outdoor recreational opportunities. The asking price is $965,000, with a triple-net (NNN) lease structure. The lease term will be finalized before closing. This is a rare chance to acquire a well-positioned, income-generating asset in a desirable location with considerable upside potential. The property's APN is 134690. This turnkey investment is ideal for those seeking a stable, cash-flowing property in a vibrant Oregon community. The property's Deschutes County location offers easy access to the natural beauty and outdoor activities that draw visitors to the area.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.