342 Highway 101 N - Restaurant FOR SALE


Rockaway, OR 97136
$590,000 USD
503-906-4903
342 Highway 101 N, Rockaway, OR for Sale
$590,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

342 Highway 101 N
Rockaway, OR 97136


HIGHLIGHTS

  • High traffic count at low speed, abundant parking, no competing pizza restaurants
  • Good condition, ready to do business
  • Great location in town center & 2 blocks to beach

OVERVIEW

STEP IN TO OPPORTUNITY to own the only pizza restaurant in the bustling beach town of Rockaway, once featured in national magazine as one of top 10 places to be on 4th of July. Located near center of town on scenic coast Hwy 101 where traffic exposure is abundant and the speed limit is 30mph. Just 75 yds around the corner is Rockaway's famous 7 mile long sandy beach. A restaurant for over 50 years, this well kept facility and the equipment & sign can be yours to open for business tomorrow. Attractive lounge, efficient layout with enclosed dough room, paved parking for apx 12. Adjacent to the property are 2 add'l commercially zoned tax lots which could be added for the package price of $920,000.

FOR SALE DETAILS

PRICE

$590,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C-1

APN/PARCEL ID

R0030647,R0030674,R0030692

ASK ABOUT THIS PROPERTY

Pam ZielinskiBerkshire Hathaway Homeservices Nw Real EstateMore Info
503-906-4903

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Pam ZielinskiBerkshire Hathaway Homeservices Nw Real EstateMore Info
503-906-4903

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