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    416 Pacific Ave Glendale, OR 97442-9615

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    416 Pacific Ave Glendale, OR 97442-9615


    • Turn key restaurants
    • 4,184 SF
    • 0.22 lot acres
    Off-Market
    Last Sale Nov 14, 2023
    $125,000
    Property ID
    US71-0397522
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bonfire Bar and Grill / Bar & Pub / Restaurant
    • ATM / Atm
    • R-Bar / Bar & Pub

    Property Details for 416 Pacific Ave

    Year built
    1955
    Lot size
    0.22 lot acres
    Property size
    4,184 SF
    Property type
    Turn key restaurants
    APN
    33-06W-05AA-02400
    APU
    3306W05AA02400

    Description

    This exceptional turnkey opportunity presents a fully operational bar and restaurant located at 416 PACIFIC Ave, Glendale, OR. The property, encompassing 4,184 square feet on a 0.22-acre lot, offers a unique blend of rustic charm and modern functionality. The business, formerly known as The R Bar and The Bonfire Bar and Grill, boasts an established clientele and enjoys a distinct competitive advantage due to limited competition in the area. The sale includes the building itself and a comprehensive inventory of equipment necessary for immediate operation. The commercial kitchen is fully equipped, featuring a recently installed hood range and a new chest freezer. A key feature is the separate bar and restaurant areas, allowing for an all-ages-welcome environment, broadening the potential customer base. The asking price of $325,000 represents a compelling investment in a thriving, established business with significant growth potential. The property's prime location in Glendale, OR, ensures high visibility and accessibility. This is a rare chance to acquire a profitable, turnkey operation with minimal start-up costs and immediate revenue generation potential. All necessary equipment and fixtures are included in the sale price, making this a truly seamless transition for a new owner. The established customer base provides a solid foundation for continued success. This is an ideal opportunity for an experienced restaurateur or a savvy investor seeking a profitable venture in a desirable location.


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    Location Insight

    • Map
    • Local Demand
    City
    Glendale
    County
    Douglas
    State
    Oregon
    Longitude
    -123.428
    Latitude
    42.7372
    CBSA code
    40700
    CBSA name
    ROSEBURG, OR MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,332
    $0.00
    $0.00
    $104,194
    -
    $11,571
    $92,623
    $104,194
    More about this property
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