For Sale
$1,500,000

1330 Highway 101Lincoln City, OR 97367

Turnkey Restaurant & Real Estate Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional Lincoln City, Oregon business opportunity encompasses both the thriving restaurant/lounge and its accompanying real estate. Located at 1330 NE Highway 101, this 2,524 square foot establishment sits on a 6,534 square foot lot and boasts both indoor and outdoor seating areas, catering to a diverse clientele. Built in 1950, the property offers ample onsite and offsite parking, ensuring convenient access for patrons. The sale includes a comprehensive inventory valued at $12,000 (excluding alcohol), all equipment, furniture, fixtures, and equipment (FFE) valued at $175,000, and a high-value hood system worth $85,000. The seller will provide 90 days of training and coaching to ensure a smooth transition for the new owner. Financial information is available to qualified buyers upon presentation of proof of funds or a bank pre-qualification letter. A leased dishwasher is not included in the sale. The asking price for this turnkey operation is $1,500,000. Showings are by appointment only. This prime location in the heart of Lincoln City presents a unique chance to acquire a well-established and profitable business with significant growth potential. The property's size and location make it an ideal investment for an experienced restaurateur or a savvy investor seeking a high-return opportunity in a desirable coastal Oregon market.

Highlights

  • Turnkey restaurant/lounge business and real estate for sale in Lincoln City, Oregon.
  • 2,524 sq ft building on a 6,534 sq ft lot at 1330 NE Highway 101.
  • Includes $175,000 in FF&E, $85,000 hood system, and $12,000 inventory (excluding alcohol).
  • Seller offers 90 days of training; Asking price: $1,500,000.
  • Ample parking; Showings by appointment only.

Property Details for 1330 Highway 101

Property type
Retail properties, Bars
Square Feet
2,524 SF
Year Built
1950

Location Insight

City
Lincoln City
County
Lincoln
State
Oregon
Latitude
44.9747706
Longitude
-124.0126885
1330 Highway 101, Lincoln City, Oregon

FAQs

What type of property is this?
Retail property - Turnkey Restaurant & Real Estate Opportunity
Where is the retail property located?
The property is located at 1330 Highway 101 Lincoln City, OR.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Turnkey restaurant/lounge business and real estate for sale in Lincoln City, Oregon.; 2,524 sq ft building on a 6,534 sq ft lot at 1330 NE Highway 101.; Includes $175,000 in FF&E, $85,000 hood system, and $12,000 inventory (excluding alcohol).
How can I contact the broker?
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1330 Highway 101
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