The Humboldt Club | 2056 Sherman Ave
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The Humboldt Club 2056 Sherman Ave
11,500 SF 100% Leased Retail Building North Bend, OR 97459 $1,350,000 ($117/SF) 7.40% Cap Rate
Executive Summary
Y'all are in for a treat at this legendary spot in North Bend, Oregon! With a rich history stretching back over a century, this bar and tavern has been a beloved gathering place for locals and visitors alike. Deeply rooted in the traditions of the hardworking Longshoreman community, it's a true gem. From its humble beginnings, it has transformed into a lively hub where folks can enjoy a game of pool, try their luck at video poker, and savor some finger-lickin' good foods. Come on down, kick back, and experience Southern hospitality at its finest
Property Facts
Sale Type
Investment
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,500 SF
Year Built
1925
Price
$1,350,000
Price Per SF
$117
Cap Rate
7.40%
NOI
$99,900
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.64
Land Acres
0.41 AC
Opportunity Zone
Yes
Zoning
Community Commercial (CC)
Frontage
178 FT on Sherman Ave. & Union Ave
Amenities
- Restaurant
- Signage
Walk Score ®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 1006136700 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $300,700 |
PROPERTY TAXES
Parcel Number
1006136700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$300,700
-
Shaun Kougioulis -
Realty Empire LLC.
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The Humboldt Club | 2056 Sherman Ave
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