416 Pacific Ave, Glendale, OR 97442-9615
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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Bonfire Bar and Grill Bar & Pub Restaurant
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ATM Atm
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R-Bar Bar & Pub
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
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.