56826 Wamic Market RdTygh Valley, OR 97063

  • Commercial real estate
  • 5.10 AC
For Sale
$1,100,000 View listing

Property Details for 56826 Wamic Market Rd

Lot size
5.10 AC
Zone code
C2
Property type
Commercial real estate
APN
4S 12E 14 B 500
APU
4S12E14B500

Description

This exceptional turnkey business opportunity encompasses a fully operational restaurant, bar, and event venue nestled on a sprawling 5.1-acre lot in Wamic, Oregon. The 5,000 square foot property boasts a seating capacity of 75+, a dance floor, four restrooms, and a recently added beer garden. Significant upgrades were completed in 2022 and 2024, including a complete interior renovation with new flooring, lighting, plumbing, and electrical systems. The kitchen features brand-new appliances, and the bar area received a comprehensive overhaul with new tap lines, sinks, and equipment. Both walk-in coolers and freezers were serviced and repaired. Bathroom upgrades included new toilets and improved heating. Exterior improvements include fresh paint, new lighting, a new highway sign, and parking lot paving completed in 2024. The property also benefits from a new sound system, stage, and stage lighting, and new TVs throughout. This prime location offers easy access to nearby attractions, including the Mount Hood National Forest, lakes, rivers, and public lands. Its proximity to Portland and Bend (within 2 hours) and the Columbia River Gorge (1 hour) provides excellent accessibility. The property's warm and sunny climate, coupled with a growing local population, presents a unique opportunity for expansion. Consider adding an RV park or outdoor music venue to capitalize on the area's recreational appeal. This is a truly one-of-a-kind opportunity for an ambitious entrepreneur. The asking price is $1,100,000.

Location Insight

City
Tygh Valley
County
Wasco
State
Oregon
Latitude
45.224
Longitude
-121.275
CBSA code
45520
CBSA name
THE DALLES, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,331
-
-
$580,215
-
$127,680
$547,720
$675,400

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