607 1St StNewberg, OR 97132
- Investment properties
- 5,100 SF
Property Details for 607 1St St
- Year built
- 1910
- Lot size
- 0.12 AC
- Property size (Sq ft)
- 5,100 SF
- Property type
- Investment properties
Description
This thriving restaurant and bar business in Newberg, Oregon, presents a unique investment opportunity. Located on a highly visible main street location, the 5,100 square foot space boasts a well-appointed interior with seating for approximately 80 patrons, split between a dining room and bar area. The property features two fully equipped kitchens, ideal for efficient food preparation and service. The business benefits from its proximity to George Fox University, ensuring a steady stream of customers. Currently operating five days a week due to staffing limitations, there's significant potential for increased revenue with expanded hours. The current annual rent is $19 per square foot, inclusive of NNN expenses. The sale includes the business only
Location Insight
- City
- Newberg
- County
- Yamhill
- State
- Oregon
- Latitude
- 45.3006
- Longitude
- -122.974
Comparable in this City
Similar Nearby for Sale
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