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20189 S Springwater Rd 10,032 SF Retail Building Estacada, OR 97023 $1,950,000 ($194.38/SF)

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INVESTMENT HIGHLIGHTS

  • Restaurant owner/user opportunity
  • Restaurant recently went through renovations
  • C-Store included in the sale – operated by the owner
  • All restaurant FF&E is included with sale of property
  • Long term lease for beer garden if acceptable to buyer
  • Event room and outdoor area

EXECUTIVE SUMMARY

**SALE PRICE REDUCED! -- MOTIVATED SELLER**
Norris and Stevens is pleased to present the listing located at 20189 S Springwater Rd in Estacada, Oregon. The two Clackamas county tax lots that are included in this transaction consists of 4.5 Acres / 196,020 SF. The property is currently home to Bent Shovel Brewing – Public House and Beer Garden.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,032 SF
Building Class
B
Year Built
1982
Price
$1,950,000
Price Per SF
$194.38
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.05
Lot Size
4.50 AC
Zoning
RRFF5
Parking
60 Spaces (5.98 Spaces per 1,000 SF Leased)
Frontage
163’ on Springwater Rd

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 20189
  • 7,000 SF
  • Restaurant
  • -
  • Now

Lease rate: $7,000/Month + NNN • Turn-key restaurant and bar • Newly remodeled • Music stage, sound system, billiards and more

Space Size Space Use Position Available
20189 7,000 SF Restaurant - Now

20189

Size
7,000 SF
Space Use
Restaurant
Position
-
Available
Now

20189

Size 7,000 SF
Space Use Restaurant
Position -
Available Now

Lease rate: $7,000/Month + NNN • Turn-key restaurant and bar • Newly remodeled • Music stage, sound system, billiards and more

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00912686
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$697,008
  • Listing ID: 31049303

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: 20189 S Springwater Rd, Estacada, OR 97023

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