For Sale
$569,000

2738 Us-97Madras, OR 97741

Established Pizza Parlor, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
121
This exceptional turnkey business opportunity presents a thriving pizza parlor in Madras, Oregon. Located at 2738 US-97, this established restaurant boasts a loyal customer base cultivated over 35 years of operation in Central Oregon. The sale includes the business itself, complete with all necessary equipment, inventory, vendor lists, and recipes, ensuring a seamless transition for the new owner. The property encompasses a generous 1.62 acres and features two buildings: the 2,820 square foot restaurant and a 1997 double-wide manufactured home with three bedrooms, two bathrooms, and a garage. This residential component provides convenient on-site living for the owner or manager. The restaurant operates at 100% occupancy, generating a strong revenue stream. Built in 1961, the property is zoned RR5 and offers significant potential for continued growth and profitability. The asking price is $569,000, translating to $201.77 per square foot. This is a rare opportunity to acquire a well-established, profitable business with significant real estate assets in a desirable location. The property's size and zoning offer potential for future expansion or development. This is a truly unique opportunity for an experienced restaurateur or savvy investor seeking a proven, successful business with significant upside.

Highlights

  • Turnkey pizza parlor in Madras, OR, with 35-year history and loyal customer base.
  • Includes 2,820 sq ft restaurant, 1997 double-wide 3 bed/2 bath home with garage on 1.62 acres.
  • 100% occupancy, strong revenue stream, asking price $569,000 ($201.77/sq ft).
  • RR5 zoning, significant expansion potential.

Property Details for 2738 Us-97

Property type
Retail properties, Restaurants
Square Feet
2,820 SF
Year Built
1961
Buildings
2
Stories
1
Lot Size (sq. ft)
70,567 SF
Units
1

Location Insight

City
Madras
County
Jefferson
State
Oregon
Latitude
44.5968478
Longitude
-121.1456663
2738 Us-97, Madras, Oregon

FAQs

What type of property is this?
Retail property - Established Pizza Parlor, Prime Location
Where is the retail property located?
The property is located at 2738 Us-97 Madras, OR.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Turnkey pizza parlor in Madras, OR, with 35-year history and loyal customer base.; Includes 2,820 sq ft restaurant, 1997 double-wide 3 bed/2 bath home with garage on 1.62 acres.; 100% occupancy, strong revenue stream, asking price $569,000 ($201.77/sq ft).
How can I contact the broker?
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2738 Us-97
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