641 SW Cascade Ave - Restaurant FOR SALE


Redmond, OR 97756
$1,150,000 USD
541-408-1202
641 SW Cascade Ave, Redmond, OR for Sale
$1,150,000 USD
Restaurant - FOR SALE
1/23
null | Request Cap Rate

641 SW Cascade Ave
Redmond, OR 97756


HIGHLIGHTS

  • Grace and Hammer as featured on Diners, Drive-Ins, and Dives - Grace and Hammer name can be assumed by buyer
  • Full restaurant build-out with wood-fired pizza oven, bar, indoor dining, and outdoor deck and lawn seating areas
  • Most furniture, fixtures and equipment (FF&E) included in sale
  • Prime corner location in the heart of Downtown Redmond
  • Originally built in 1912; designated a historic property in 1976
  • Extensive updates completed in 2018

OVERVIEW

Grace and Hammer offers a rare opportunity to acquire a fully renovated historic property in the heart of Downtown Redmond. Originally built in 1912 and designated a historic landmark, the former church has been thoughtfully updated into a turnkey restaurant with high-end finishes, a wood-fired pizza oven, and indoor/outdoor dining areas. Situated on a prominent corner lot, the property benefits from strong visibility, walkable access to surrounding amenities, and a vibrant downtown setting. The site currently houses a well-known pizzeria and bar that has garnered national attention on Diners, Drive-Ins, and Dives, adding valuable brand recognition. Ideal for an investor or operator seeking an iconic setting with built-in foot traffic and unique architectural appeal.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$359 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Iconic Restaurant Property in Redmond

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,995 SF

ZONING

C2

APN/PARCEL ID

150616

ASK ABOUT THIS PROPERTY

Terry ONeilCompass Commercial Real Estate ServicesMore Info
541-408-1202

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Terry ONeilCompass Commercial Real Estate ServicesMore Info
541-408-1202

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