This exceptional turnkey restaurant opportunity is located in the heart of Historic Downtown Oregon City at 818 Main St, Oregon City, OR 97045. The 4,950 square foot space boasts a recent renovation, making it move-in ready for a new operator. Previously used as a restaurant with an attached market, the building offers a versatile layout with two convenient front entrances and the potential for division. The interior includes a private office and employee break area, catering to the needs of both staff and management. Parking is readily available with five off-street spaces located behind the building. This prime location offers easy access to major transportation arteries, including I-205 and Highway 99E, ensuring convenient access for both employees and customers. The property's proximity to the Clackamas County Circuit Court further enhances its visibility and accessibility within the community. The asking price is $1,194,000, translating to $241.21 per square foot. This represents a significant opportunity for an owner/user seeking a well-equipped, established space in a thriving downtown area. The vacant status allows for immediate occupancy and customization to suit the new owner's specific vision and operational needs.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,276,011
Hospitality
$1,168,819
Educational
$972,444
Medical
$1,005,888
Retail
$1,512,690
Location Insight
City
Oregon City
County
Clackamas
State
Oregon
Latitude
45.3584
Longitude
-122.606
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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