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13230 SE Orient Dr

8,651 SF Retail Building Boring, OR 97009 $2,100,000 ($243/SF) 12% Cap Rate

Restaurants Oregon Boring 13230 SE Orient Dr, Boring, OR 97009

Investment Highlights

  • Over One Acre of Land, Strong Lottery numbers
  • All Furniture and most all Kitchen equipment

Executive Summary

Here is an investment offering a strong financial opportunity with a 12 % CAP RATE Setting on 1.19 acres the commercial building space is over 8,600 sq ft. This includes the bountiful income-producing Backroads Pub and Grub with spacious customer seating and a strong Lottery revenue gaming area. In addition, there is rental income from a barbershop, an Artist space, and an Imaging business in a space with over 3,300 sq ft approx. This won't last long. DO NOT DISTURB EMPLOYEES. The tenants are all on a thirty-day month-to-month rental agreement to accommodate owner users.
4 years of P&L available with non-disclosure
** The Seller may Carry a portion of the balance with a strong down payment**

Attachments

12% Cap Rate Building-Biz-Lease Space

Data Room Click Here to Access

  • Offering Memorandum
  • Operating and Financials
  • Miscellaneous

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,651 SF
Building Class
C
Year Built
1956
Price
$2,100,000
Price Per SF
$243
Cap Rate
12%
NOI
$252,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.19 AC
Zoning
RRFF5, County
Parking
8 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
247 FT on SE Orient Dr

About 13230 SE Orient Dr , Boring, OR 97009

INCOME OPPORTUNITY -Here is an investment offering a strong financial opportunity.[12% CAP RATE] Setting on 1.19 acres the commercial building space is over 8,650 sq ft.approx. This includes the bountiful income-producing Backroads Pub and Grub with spacious customer seating and a strong Lottery revenue gaming area. In addition, there is rental income from a barbershop, an Artist space, and an Imaging business in a space with over 3,300 sq ft approx. This won't last long. DO NOT DISTURB Employees or Tenants The Warehouse has 3,300 SQ. Ft of space and the building with the Pub-Art Studio-Barber has 5,351 SQ. FT. of space.

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PROPERTY TAXES

Parcel Number 00646849 Improvements Assessment $0
Land Assessment $0 Total Assessment $569,750

PROPERTY TAXES

Parcel Number
00646849
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$569,750
(503) 313-2411

Contact

  • Listing ID: 32275130

  • Date on Market: 6/27/2024

  • Last Updated:

  • Address: 13230 SE Orient Dr, Boring, OR 97009

More public record information on 13230 SE Orient Dr, Boring, OR 97009

The Retail Property at 13230 SE Orient Dr, Boring, OR 97009 is currently available for sale. Contact Oregon First for more information.

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13230 SE Orient Dr
(503) 313-2411 x

13230 SE Orient Dr

Tom Giusto

(503) 313-2411

(503) 313-2411

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