Property profile

56826 Wamic Market Rd Tygh Valley, OR 97063

OFF-MARKET
Commercial real estate
Property ID
US71-1074628
5.1 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey business opportunity encompasses a fully operational restaurant, bar, and event venue nestled on a sprawling 5.1-acre lot in Wamic, Oregon. The 5,000 square foot property boasts a seating capacity of 75+, a dance floor, four restrooms, and a recently added beer garden. Significant upgrades were completed in 2022 and 2024, including a complete interior renovation with new flooring, lighting, plumbing, and electrical systems. The kitchen features brand-new appliances, and the bar area received a comprehensive overhaul with new tap lines, sinks, and equipment. Both walk-in coolers and freezers were serviced and repaired. Bathroom upgrades included new toilets and improved heating. Exterior improvements include fresh paint, new lighting, a new highway sign, and parking lot paving completed in 2024. The property also benefits from a new sound system, stage, and stage lighting, and new TVs throughout. This prime location offers easy access to nearby attractions, including the Mount Hood National Forest, lakes, rivers, and public lands. Its proximity to Portland and Bend (within 2 hours) and the Columbia River Gorge (1 hour) provides excellent accessibility. The property's warm and sunny climate, coupled with a growing local population, presents a unique opportunity for expansion. Consider adding an RV park or outdoor music venue to capitalize on the area's recreational appeal. This is a truly one-of-a-kind opportunity for an ambitious entrepreneur. The asking price is $1,100,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5.1 ac (222,156 SF)
Zoning code C2
APN 4S 12E 14 B 500
UPID US71-1074628

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

56826 Wamic Market Rd Tygh Valley, OR 97063-9700
Tygh Valley metro Census 970800 THE DALLES, OR MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2026
Last sale
$416,000
5 recorded transactions
2026
$416,000
2025
$300,000
2025
Price N/A
2023
$300,000
2019
Price N/A

Zoning & alternative use

C2 · Tygh Valley, OR

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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