Property profile

75310 Us Hwy 101 Reedsport, OR 97467

OFF-MARKET
Turn key restaurants
Property ID
US71-1872520
1,472 SF 0.14 ac lot Built 1964
Individually Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located at 75310 US Highway 101 in Reedsport, Oregon. The 1,472 square foot building sits on a 0.14-acre lot and boasts prime highway visibility with a large, highly visible sign. This established business is being offered for $399,000 and includes all furniture, fixtures, and equipment. Recent updates are extensive, encompassing new fixtures, finishes, a completely new kitchen, and all new refrigeration equipment. The restaurant benefits from a loyal local clientele and thrives on the significant tourist traffic drawn to the nearby sand dunes and popular sport fishing areas. Its strategic location on Highway 101 ensures consistent high traffic exposure, maximizing its potential for continued success. The sale includes everything needed to immediately begin operations, making this a truly turnkey opportunity for a new owner. This is a rare chance to acquire a well-established, profitable restaurant in a desirable Oregon Coast location. The asking price reflects a strong value proposition for a business ready to generate income from day one. Don't miss this chance to own a thriving coastal restaurant.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1964
Total area 1,472 SF
Lot 0.14 ac (6,098 SF)
APN 22-12W-07CA-00600
UPID US71-1872520

Cap rate & NOI

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

Location

75310 Us Hwy 101 Reedsport, OR 97467
Reedsport metro Census 20000 ROSEBURG, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2023
Last sale
$305,000
4 recorded transactions
2023
$305,000
2018
Price N/A
2018
$140,000
2018
$305,000

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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