4805 NETARTS Hwy, Netarts, OR 97143
sale
$2,000,000
|
Other
Courtesy Of Rob Trost Real Estate LLC
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.
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Property Features
- Age: Over 50 Years Old
- Cooling System: Heat Pump
- Exterior Type: Frame
- Exterior Type: CementSiding
- Heating System: Heat Pump (Heating)
- Heating System: Ductless (Heating)
- Legal Description: Tax map 2S-10-0-5BD-01400
- MLSID: 322960076
- Roof Type: Composition
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