309 Main St, Riddle, OR 97469
3,000 SF | Retail Building | Riddle, OR 97469 | $459,000 ($153/SF)
For Sale
Active
Asking Price $459,000
- Property Type
-
Retail
- Square Feet
- 3,000 SF
- Price / Square Foot
- $153
Listing Contacts
- Property Info
Property Overview
Financials are available , Sale of property ONLY includes Land and Building Name can be negotiated after sale with current owner , some fixtures will stay contact listing agent for more details ... Cap Rate is based on Current Financials Business ““ IS NOT TRANSFERABLE ““ Sale includes some fixtures , Building and land Only , .. ( OWNER WILL CARRY CALL FOR TERMS )
**** Call Listing agent at 949-891-4426 ***** for details
Financials in CA Check them out !!
Video : link https://youtu.be/RqJluURzJVM?si=kVlumT3Da1g4kD1R
Welcome to this expansive and versatile commercial property, boasting an impressive 3000 sqft of space, ideally situated in a C3-zoned area. This property presents an enticing opportunity with a spacious dining area, complemented by a studio apartment upstairs, offering flexibility for live-work arrangements or additional rental income. The availability of both basement and attic space adds further potential for expansion or customization to suit various business needs.Fully renovated and updated in 2018, this property reflects a significant investment in modernization, ensuring a contemporary and inviting atmosphere for patrons or tenants. The financial records underscore the myriad possibilities this property holds for generating revenue and capitalizing on its prime location. While the sale does not include the business itself, some fixtures are included, and the transferability of the restaurant name provides a valuable asset for branding continuity. Additionally, the approval from the Oregon Lottery for a space within the building enhances the property's appeal, although it is noted that this approval is tied to the current owner and would require reapplication by the new owner. Overall, this property presents a compelling opportunity for investors or entrepreneurs seeking a well-appointed and adaptable space in a desirable location, with the potential to leverage existing assets and capitalize on future opportunities.
**** Call Listing agent at 949-891-4426 ***** for details
Financials in CA Check them out !!
Video : link https://youtu.be/RqJluURzJVM?si=kVlumT3Da1g4kD1R
Welcome to this expansive and versatile commercial property, boasting an impressive 3000 sqft of space, ideally situated in a C3-zoned area. This property presents an enticing opportunity with a spacious dining area, complemented by a studio apartment upstairs, offering flexibility for live-work arrangements or additional rental income. The availability of both basement and attic space adds further potential for expansion or customization to suit various business needs.Fully renovated and updated in 2018, this property reflects a significant investment in modernization, ensuring a contemporary and inviting atmosphere for patrons or tenants. The financial records underscore the myriad possibilities this property holds for generating revenue and capitalizing on its prime location. While the sale does not include the business itself, some fixtures are included, and the transferability of the restaurant name provides a valuable asset for branding continuity. Additionally, the approval from the Oregon Lottery for a space within the building enhances the property's appeal, although it is noted that this approval is tied to the current owner and would require reapplication by the new owner. Overall, this property presents a compelling opportunity for investors or entrepreneurs seeking a well-appointed and adaptable space in a desirable location, with the potential to leverage existing assets and capitalize on future opportunities.
Property Details
- Year Built/Renovated
- 1921/2018
- Stories
- 2
- Lot Size (sq. ft)
- 3,049 SF
Highlights
- Heavy Day Time Traffic
- Peak points Breakfast and dinner
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