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Billy Smoothboars 3030 Oregon Ave

4,600 SF Retail Building Bandon, OR 97411 $985,000 ($214/SF)

Investment Highlights

  • Excellent Highway 101 location on a corner parcel. High visibility for tourists and convenient for local clientel
  • Interior is all Knotty Pine Wood
  • Comfortable dining room, Lottery/Full Bar/Lounge

Executive Summary

Premier Restaurant and Sports Bar Lounge with Highway Frontage! Welcome to a prime location at the bustling corner of Hwy 101 and Seabird Drive, offering unparalleled exposure for tourists and convenience for local patrons. This well-established Restaurant and Sports Bar Lounge is a turnkey opportunity, featuring a fully operational kitchen, with a brand new hood exhaust system, spacious dining room, and a relaxed, comfortable atmosphere. Features High Traffic Exposure, positioned for maximum visibility, capturing the attention of both tourists and locals. The sale includes all equipment, fixtures, and the business name, providing a seamless transition for new ownership. Sports Bar Lounge, with a full bar setup, multiple flat-screen TVs, and a dedicated area for Oregon Lotto machines, catering to sports enthusiasts and entertainment seekers. Newly added versatile Outdoor Space with a covered patio with a firepit, and tables adds charm and versatility, creating a delightful setting for patrons to enjoy their dining or social experience. The property offers abundant parking space for both autos and RVs, ensuring convenient ingress and egress for customers. Acquire not just a business but also the property, securing a long-term investment. Seize this opportunity to own a thriving establishment in a sought-after location. Whether you're an experienced restaurateur or an aspiring entrepreneur, this turnkey Restaurant and Sports Bar Lounge is ready for your vision. The business value is included in the price, and can be sold with or without.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,600 SF
Building Class
C
Year Built
1969
Price
$985,000
Price Per SF
$214
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.83 AC
Zoning
C-2 - C-2 Commercial Land with Improvement Multi-Use
Parking
36 Spaces (7.83 Spaces per 1,000 SF Leased)
Frontage
247 FT on Highway 101

Amenities

  • Corner Lot
  • Freeway Visibility
  • Restaurant
  • Security System
  • Signage
  • Accent Lighting
  • Storage Space

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1001053902
Land Assessment
$0 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$627,850 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024 Payable 2024
  • Listing ID: 30900017

  • Date on Market: 2/7/2024

  • Last Updated:

  • Address: 3030 Oregon Ave, Bandon, OR 97411

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