Description
Established 2-suite restaurant for sale or lease with Highway 101 frontage. Property has full commercial kitchen, covered outdoor patio, and both suites include full bar. Sale price includes sale of business. Investor or owner-occupier opportunity with upside to lease one suite and occupy the other. 8.0% stabilized cap rate, see flyer for pro forma details. Lease rate $16.75-$18.00 psf mod. gross (incld. taxes & insur). 5,394 sf, divisible to 3,936 sf & 1,458 sf. Landlord willing to sell FF&E.
-
0BEDS
-
0.26ACRES
-
0BATHS
-
01/2 BATHS
-
5,394SQFT
-
$200$/SQFT
School Ratings & Info
Description
Established 2-suite restaurant for sale or lease with Highway 101 frontage. Property has full commercial kitchen, covered outdoor patio, and both suites include full bar. Sale price includes sale of business. Investor or owner-occupier opportunity with upside to lease one suite and occupy the other. 8.0% stabilized cap rate, see flyer for pro forma details. Lease rate $16.75-$18.00 psf mod. gross (incld. taxes & insur). 5,394 sf, divisible to 3,936 sf & 1,458 sf. Landlord willing to sell FF&E.
Listing content is copyright © 2022 RMLS™, Portland, Oregon. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Lux Properties are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Data last updated 2022-05-19T11:40:31.397.Data deemed reliable but not guaranteed. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Lux Properties and should be independently verified.
Listing provided courtesy of Knipe Realty Era Powered.