121 NE 3rd St - Restaurant FOR SALE


Prineville, OR 97754
$1,500,000 USD
503-689-4498
121 NE 3rd St, Prineville, OR for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/28
null | Request Cap Rate

121 NE 3rd St
Prineville, OR 97754


HIGHLIGHTS

  • Exceptional location in downtown Prineville
  • All FF&E included
  • High traffic counts
  • Turkey restaurant with all management and staff in place

OVERVIEW

Exceptional turnkey 5,800 SF restaurant space in downtown Prineville. This property boasts an inviting and rustic hometown feel with ample parking and a spacious patio. Boasts a full bar with a lottery room with 6 fully operating lottery machines. This revenue alone could pay your mortgage! Includes ALL restaurant equipment as well as the entire corporation if that was desirable. This leaves a tremendous opportunity for an owner user or an investor to walk into a fully operational restaurant with staff and management in place. Currently, the business is open for breakfast, lunch and dinner. Fully equipped with a hood, a walk-in cooler, two upright freezers, two pit-co fryers, convection oven, and two six burner stove top and ovens. The property provides the combination of excellent visibility and prime location. Semi absentee owner gives an investor the confidence to walk into a turnkey operation or gives an owner/user the ability to be creative in the upside potential.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$259 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

C1

APN/PARCEL ID

015041

ASK ABOUT THIS PROPERTY

Dinah GreenGreen Tree Commercial Real EstateMore Info
503-689-4498

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Dinah GreenGreen Tree Commercial Real EstateMore Info
503-689-4498

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.