142 Bay Front Loop - Restaurant FOR SALE


Winchester Bay, OR 97467
$299,950 USD
541-217-7710
142 Bay Front Loop, Winchester Bay, OR for Sale
$299,950 USD
Restaurant - FOR SALE
1/47
null | 17.12% Cap Rate

142 Bay Front Loop
Winchester Bay, OR 97467


HIGHLIGHTS

  • Waterfront Location
  • Fully equipped kitchen
  • Excellent menu and great reputation
  • Conveyed as turn key restaurant and sea food market.
  • Sale includes building, business, furniture fixtures and equipment.
  • Seller Carried Financing Available

OVERVIEW

Beautiful water front restaurant in the Winchester Bay Harbor. Sale includes building, business, furniture fixtures and equipment. Conveyed as turnkey restaurant and sea food market. Nicely appointed dining room seats 50 with beautiful views of the harbor and ocean. Fully equipped kitchen and separate sea food processing facilities. Restaurant has excellent menu and great reputation with many repeat customers. Many recent updates including new roof, siding and paint in 2024. Building suitable for many uses. Don't miss this great opportunity, Priced to sell! Call today! New roof! New Paint, New Windows, and New Deep Fryer! All fixed up and ready to go for summer... Seller Carried Financing Available OAC. Land is leased from the Port at $420 per month. Business Name: Griff's on the Bay Actual Gross Income: $324,499 Actual Net Income: $51,347 Actual Oper. Expenses: $273,152

FOR SALE DETAILS

PRICE

$299,950 USD

PRICE/SF

$158 USD /SF

CAP RATE

17.12%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

"Griff's on the Bay" Restaurant -Fish Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential, Food Processing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CA-12

APN/PARCEL ID

R51728

ASK ABOUT THIS PROPERTY

Joe AguirrePacific PropertiesMore Info
541-217-7710

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Joe AguirrePacific PropertiesMore Info
541-217-7710

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