20189 S Springwater Rd
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20189 S Springwater Rd
10,032 SF Vacant Retail Building Estacada, OR 97023 $2,300,000 ($229/SF)
Investment Highlights
- Restaurant owner/user opportunity
- Restaurant recently went through renovations
- C-Store included in the sale – operated by the owner
- All restaurant FF&E is included with sale of property
- Long term lease for beer garden if acceptable to buyer
- Event room and outdoor area
Executive Summary
Norris and Stevens is pleased to present the listing located at 20189 S Springwater Rd in Estacada, Oregon. The two Clackamas county tax lots that are included in this transaction consists of 4.5 Acres / 196,020 SF. The property is currently home to Bent Shovel Brewing – Public House and Beer Garden.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,032 SF
Building Class
B
Year Built
1982
Price
$2,300,000
Price Per SF
$229
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.05
Land Acres
4.50 AC
Zoning
RRFF5
Parking
60 Spaces (5.98 Spaces per 1,000 SF Leased)
Frontage
163 FT on Springwater Rd
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Lease rate: $7,000/Month + NNN • Turn-key restaurant and bar • Newly remodeled • Music stage, sound system, billiards and more
| Space | Size | Space Use | Position | Available |
| 20189 | 7,000 SF | Restaurant | - | Now |
20189
| Size |
| 7,000 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
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20189
| Size | 7,000 SF |
| Space Use | Restaurant |
| Position | - |
| Available | Now |
Lease rate: $7,000/Month + NNN • Turn-key restaurant and bar • Newly remodeled • Music stage, sound system, billiards and more
PROPERTY TAXES
| Parcel Number | 00912686 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $656,998 |
PROPERTY TAXES
Parcel Number
00912686
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$656,998
-
Tim Pfeiffer -
Norris & Stevens, Inc.
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20189 S Springwater Rd
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