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401 Oak St 2,160 SF Specialty Building Offered at $1,049,000 at a 10.21% Cap Rate in Brookings, OR 97415
INVESTMENT HIGHLIGHTS
- Purchase includes Real Estate, Restaurant Business, FF&E
- Southern Oregon Coastal climate 1 block off scenic Hwy 101
- Successful Absentee Business with established staff
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,049,000 | Property Type | Specialty |
| Price Per SF | $485.65 | Lot Size | 0.14 AC |
| Sale Type | Investment or Owner User | Building Size | 2,160 SF |
| Cap Rate | 10.21% | No. Stories | 2 |
| Sale Condition | Business Value Included | Year Built/Renovated | 2016/2022 |
| Zoning | C3 - General Commercial Zone. The district is limited to commercial uses. A pedestrian-friendly mixture of commercial uses are to be promoted. | ||
| Price | $1,049,000 |
| Price Per SF | $485.65 |
| Sale Type | Investment or Owner User |
| Cap Rate | 10.21% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Lot Size | 0.14 AC |
| Building Size | 2,160 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2016/2022 |
| Zoning | C3 - General Commercial Zone. The district is limited to commercial uses. A pedestrian-friendly mixture of commercial uses are to be promoted. |
AMENITIES
- Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
ABOUT 401 OAK ST , BROOKINGS, OR 97415
Successful downtown Brookings restaurant business. Beautifully updated building, outdoor seating and stellar reputation for quality of food, service and atmosphere. Turn-key business. Current owner operates business from a far and pops in a few times a month. Purchase includes; commercial real estate (building & land), 2 large freezers, restaurant business & name, FF&E and inventory. 2.5 years of financial history and terms may be available with qualified buyers. Superb location, 1 block off HWY 101, with ample street-side parking all around the restaurant. Please do not engage operators/staff regarding sale. Significant storage & office area on 2nd level. Security System and video already installed. Established staff.
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401 Oak St
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