50 W Columbia River Hwy - Restaurant FOR SALE


Clatskanie, OR 97016
$525,000 USD
503-866-1276
50 W Columbia River Hwy, Clatskanie, OR for Sale
$525,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

NEW


50 W Columbia River Hwy
Clatskanie, OR 97016


OVERVIEW

Centrally located in town and right along the Clatskanie River, the building and location are prime for remodeling and built to suit. At the northwest corner of the only traffic light in town, the location has historical traffic counts of 7-10K+ cars per day. 4 HVACs are less than 10 years old & some newer exterior painting has been completed. The former lounge, banquet and upstairs service area are mostly original. The dining and kitchen areas have had flooring improvements removed to subfloor, and other decommission and demo work have been started. The layout allows flexible use of space, and drafts of possible floor plan use options are available, including approximate square footages. Will be sold as-is, where-is, seller to do no repairs. Twin City Bank is offering loan program to qualified buyers, please ask real estate agent for credit officer referral information. The asset will at a minimum require a new roof, flood insurance and safety repairs for financed buyers. Rehabilitation loan, small business/renovation loan or cash at close purchasers only.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$42 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

3

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

CL:C-1

APN/PARCEL ID

0501074080420160000

ASK ABOUT THIS PROPERTY

Rhonda HolmstenARK Real Estate, Inc.More Info
503-866-1276

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Rhonda HolmstenARK Real Estate, Inc.More Info
503-866-1276

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