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996 Pacific Dr

3,170 SF Retail Building Hammond, OR 97121 $995,000 ($314/SF)

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Investment Highlights

80 + year history of local bar/restaurant.
Location central to fishing and recreational Columbia River and Fort Stevens historical area.

Fabulous local steaks, burgers, seafood and hearty breakfasts!

Executive Summary

996 Pacific Dr

Market Information

Taxes & Operating Expenses (Actual - 2024)	Annual	Annual Per SF
Taxes	$3,153	$0.99
Operating Expenses	$648,000	$204.42
Total Expenses	$651,153	$205.41

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual	$3,153
Annual Per SF	$0.99

Operating Expenses
Annual	$648,000
Annual Per SF	$204.42

Total Expenses
Annual	$651,153
Annual Per SF	$205.41

Property Facts

Sale Type

Owner User

Sale Conditions

Bulk/Portfolio Sale

Property Type

Retail

Property Subtype

Restaurant

Building Size

3,170 SF

Building Class

Year Built

1940

Price

$995,000

Price Per SF

$314

Business Value

$400,000

Tenancy

Single

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.14

Land Acres

0.53 AC

Zoning

CMU Mixed Use Commercial - Commercial mixed use allows for current restaurant/bar use as well as multiple uses including single and multiple family uses.

Parking

25 Spaces (7.89 Spaces per 1,000 SF Leased)

Frontage

133 FT on Pacific

Amenities

Bus Line

Fireplace

Restaurant

Signage

About 996 Pacific Dr , Hammond, OR 97121

The fisherman's & local community restaurant & bar for signature seafood, steaks and burgers. Over 80 years serving hearty fare & drink in the historic Hammond district of Warrenton. The proximity to the Hammond Marina, Columbia River, Fort Stevens recreational area & local shopping hub, make this timeless local favorite well known for it's clam chowder, Buoy burger, prime rib, fish & chips, steamer clams and more. A great opportunity with the revitalization of the marina and commercial district of Hammond. Annual income/expenses may vary for new owners depending on how many employees and hours open for business. Current hours are weekends 7:00 am to 9:00pm Breakfast , lunch and dinner. Weekdays 11:00 am tp 9:00pm Lunch and dinner

PROPERTY TAXES

Parcel Number	50393	Total Assessment	$220,836 (2023)
Land Assessment	$0 (2023)	Annual Taxes	$3,153 ($0.99/SF)
Improvements Assessment	$0 (2023)	Tax Year	2024 Payable 2024