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Highest & Best
OWNER CARRY Terms Opportunity, Huge Possibilities and Income
Owner Carry- Huge Opportunity To Own Commercial Property Restaurant or Bar
Listing Contacts
License: OR OR 201253788
Highest & Best
11d5h5m7s
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Address
224 N Main St, Canyonville, OR 97417
Show on MapDate Added
Feb 25, 2024
Days on Market
386 days
Time Since Last Update
13 days
Details
Property TypeRetail
SubtypeBar, QSR/Fast Food, Restaurant
Investment TypeOwner/User
TenancySingle
Square Footage1,782
Price/Sq Ft$161.62
Occupancy100%
Units1
Year Renovated2018
Stories1
Zoningc
Lot Size (sq ft)17,000
Marketing Description
Close to Casino , tremendous potential for a successful restaurant this would be..
““ Just Reduced “““
Make an Offer Today !!!
Current Owner will Remove all Items and clean Property of all personal items within a 60 day close !
OPPORTUNITY TO OWN COMMERCIAL PROPERTY !!!
Just a few Blocks away from Seven Feathers Casino !!
All Offers Considered !
Seller is Motivated !
Amazing terms !!!!!
Owner will carry with Good size down , 20-25 year term @ 7-8% interest
Contact listing Agent for more details at 949-891-4426
The property and building only sale the business or name is not included , this property is not currently being leased therefore the income generated is not reflective in any cap due to it not being leased however ownership of this property has a huge potential based on current business and ownership and condition of property gross income is 55,000 yearly as a thrift store income could greatly increase if used as a Bar or Restaurant , as property is not currently being leased a cap rate of just property and building is not available ..
Possible owner carry terms also available with large down ..
This property offers immense business potential and is strategically located just a few blocks away from Seven Feathers Casino in Oregon. Its proximity to the casino makes it an ideal location for a highly successful restaurant, which could significantly increase the capitalization rate. Currently being used as a thrift store for second-hand items, the property has not been stripped of its previous business assets, including a massive exhaust hood for a mainline kitchen, outdoor dining space, and spacious indoor seating.
Additionally, the property boasts ample parking space and is being sold including the land and building. Situated across the street from Ray's Market and Subway, as well as a court office, the location offers high visibility and accessibility, further enhancing its appeal for a thriving restaurant business. Owner Carry terms with also maybe available with a large down
Investment Highlights
Restaurant or Bar, currently being used as a 2nd hand thrift store with a low end year of 55k in income previously being 70-80k stated by seller
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Property History
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Due Diligence
Listing Contacts
- License: OR OR 201253788
Schedule a Tour
In Person
Virtual
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Broker Information
Broker Name
Raymond Coburn
Broker License
201253788
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