56826 Wamic Market Rd Tygh Valley, OR 97063-9700
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.
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
C2 · Tygh Valley, ORTygh Valley. 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.