4805 Netarts Hwy, Netarts, OR 97143

$1,800,000

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Property Description

Turnkey bar/restaurant on Hwy 131 in Netarts-real property included! The Upstairs Bar & Grill is a landmark business with decades of proven success, known for its loyal local following and heavy tourist traffic. Extensively remodeled and in excellent condition, the property features a full-service kitchen, six high-performing Oregon Lottery machines, and a spacious covered deck overlooking Netarts Bay. Includes adjacent 1BD/1BA rental unit for added income or on-site housing. The level 0.5-acre lot offers ample parking and a fenced outdoor area for games and events. One of only two bars in town, this is a rare opportunity to own a high-demand coastal business. Strong financials with 9%+ projected cap rate. Sale includes FF&E, most inventory, and business name. Possible seller financing with large down.

4805 Netarts Hwy | MLS# 322960076

This commercial property located at 4805 Netarts Hwy, Netarts, OR 97143 is currently listed for sale with an asking price of $1,800,000. Search Netarts real estate on daniellegates.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Heat Pump
Fuel Type: Electricity, Propane
Heating: Ductless, Heat Pump
Lot Size: 0.50 Acres
Roof Type: Composition
Taxes: $5,743
Year Built: 1946
Square Feet: 3,700

Feature Descriptions

Business Name: Upstairs Bar and Grill
Days on Site: 307
Gross Income: $2000000.00 (Actual)
Miscellaneous Features: MinimalSteps, OneLevel, OutsideStorage, Sign
Operating Expenses: $1800000.00 (Actual)
Parking Notes: OnSite
Present Use: Bar, Restaurant
Road Surface: Paved
Sewer: Public Sewer
Special View Info: Bay
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Rob Trost Real Estate LLC
Agency Phone: 503-842-9090

Shown By

Agent Name: Danielle Gates Principal Broker
Agent Phone: (541) 921-7130
Agency Title: Bend Premier Real Estate

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