1754 Rogue River HwyGold Hill, OR 97525

Property Details for 1754 Rogue River Hwy

Year built

1940

Lot size

0.82 AC

Property size (Sq ft)

2,520 SF

Zone code

IC

Property type

Turn key restaurants

APN

1-0178076

APU

10178076

Description

This exceptional business opportunity presents the chance to acquire "The Teapot On Wheels," a thriving tea room and wedding venue nestled on the scenic Rogue River in Gold Hill, Oregon. Located at 1754 Rogue River Hwy, this turnkey operation boasts a charming atmosphere and a strong reputation within the community. The property includes a three-story, 1945-built building with one unit, currently operating at 100% occupancy. The business offers a diversified revenue stream, generating a Net Operating Income (NOI) of $52,724, resulting in a compelling 30.13% cap rate. The asking price is $175,000, representing a significant value-add investment opportunity. The established tea room is fully equipped and ready for immediate operation, featuring all necessary brewing equipment and charming décor. Its beautifully landscaped outdoor space provides an idyllic setting for weddings and other events. The business benefits from a loyal customer base and a prime riverside location, attracting both local residents and tourists. Significant growth potential exists through expanding the tea room's offerings, such as themed events or afternoon tea services, or further developing the already successful wedding venue business. This is an ideal acquisition for tea enthusiasts, hospitality professionals, entrepreneurs, or community-minded individuals seeking a profitable and unique business with substantial growth potential. Financial records supporting the NOI and cap rate are available upon request. The property is classified as a Class B building with a modified lease type. Jackson County, Oregon, zip code 97525.

• CAP approach

  CAP return

  Valuation

  6%

  $730,013

  6.5%

  $673,858

  7%

  $625,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,627,163

  Geo Method

  $1,627,163

• Alternative Use

  Use

  Valuation

  Residential

  $568,425

  Hospitality

  $520,674

  Educational

  $433,195

  Medical

  $448,093

  Retail

  $673,858

Location Insight

City

Gold Hill

County

Jackson

State

Oregon

Latitude

42.4194

Longitude

-123.125

CBSA code

32780

CBSA name

MEDFORD, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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