52574 Highway 97 - Restaurant FOR SALE


La Pine, OR 97739
$1,495,000 USD
541-408-3888
52574 Highway 97, La Pine, OR for Sale
$1,495,000 USD
Restaurant - FOR SALE
1/20
null | Request Cap Rate

52574 Highway 97
La Pine, OR 97739


HIGHLIGHTS

  • Turnkey Setup: Fully equipped restaurant ready for immediate operation
  • Business Included: Option to acquire Ponderosa Pizza name, recipes, and training
  • Highway Visibility: Frontage on U.S. 97 with exposure to 15,025 vehicles daily (2023)
  • Established Brand: Serving La Pine since 1980 with a loyal customer base and 4-star Google rating
  • Fully Built Kitchen: Includes pizza oven, hood, grease trap, and walk-in cooler
  • Growth Market: Located in a steadily expanding Central Oregon community

OVERVIEW

Located directly on U.S. Highway 97, this 2,724 SF freestanding restaurant offers exceptional visibility and exposure to more than 15,025 vehicles per day (2023). The property sits on 0.74 acres with generous on-site parking and flexible CMX zoning, allowing a range of commercial and retail uses. Positioned along La Pine’s main commercial corridor, the site draws both local customers and travelers moving between Bend and Klamath Falls, making it ideal for a new restaurant, brewery, or continued pizza concept. A buyer can acquire both the real estate and the well-established Ponderosa Pizza business, including equipment, recipes, and training for a seamless transition. The kitchen features a pizza oven with hood, grease trap, walk-in cooler, prep areas, and all essential restaurant equipment. Some items are leased, and a full inventory will be provided during due diligence. The building also includes a dedicated game room with a revenue-sharing agreement through Central Oregon Amusement Co., creating an additional source of income. With strong highway visibility, decades of local recognition, and established infrastructure, this property represents a rare opportunity for an owner-operator or investor to take over a proven location in the heart of Central Oregon’s growing La Pine community.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$504 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey Restaurant in La Pine

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

CMX

APN/PARCEL ID

160294

ASK ABOUT THIS PROPERTY

Peter MayCompass Commercial Real Estate ServicesMore Info
541-408-3888

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Peter MayCompass Commercial Real Estate ServicesMore Info
541-408-3888

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