996 Pacific Dr, Hammond, OR 97121
For Sale
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This exceptional 3,170 square foot restaurant and bar, situated on a 0.53-acre lot at 996 PACIFIC Dr, Hammond, OR, presents a rare opportunity in the revitalized Hammond commercial district. Boasting over 80 years of serving the local community and visitors alike, this well-established business is renowned for its signature seafood, steaks, and burgers. The extensive menu includes popular favorites such as clam chowder, the Buoy burger, prime rib, fish & chips, and steamer clams, ensuring a diverse and loyal customer base. Its prime location offers unparalleled access to the Hammond Marina, the Columbia River, and the popular Fort Stevens recreational area, attracting both local residents and tourists. The ongoing revitalization efforts within the Hammond marina and commercial district further enhance the property's long-term growth potential. This turnkey operation is ideally positioned to capitalize on the increasing tourism and local demand, making it an attractive investment for experienced restaurateurs or those seeking a profitable established business. The property's size and location provide ample space for both indoor and potential outdoor seating, allowing for expansion and adaptation to changing market demands. The asking price is $995,000. This is a unique chance to acquire a thriving business with a rich history and significant upside in a desirable waterfront location.
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Buoy 9 Restaurant & Lounge Restaurant
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.
