301 Main StSummerville, OR 97876

Property Details for 301 Main St

Year built

1930

Lot size

0.21 AC

Property size (Sq ft)

2,644 SF

Zone code

SV-C;COMMERCIAL

Property type

Retail space

APN

01S3812DB 600

APU

01S3812DB600

Description

This exceptional commercial property presents a rare opportunity to acquire a well-established and highly profitable business in the heart of Summerville, Oregon. Located at 301 MAIN St Unit 301, this turnkey operation encompasses a thriving store and tavern, renowned locally for its long-standing presence and excellent reputation. The property includes the land, buildings, complete inventory, fixtures, and equipment, ensuring a seamless transition for the new owner. The business boasts a loyal customer base, particularly known for its popular breakfast service and its role as a popular after-work gathering spot. The substantial square footage of 2,644 square feet provides ample space for both the retail store and the tavern operations. Financial records will be made available to qualified buyers upon request, demonstrating the consistent profitability of this unique business opportunity. This is a truly exceptional chance to own a well-loved community establishment with a proven track record of success. The asking price for this complete package is $345,000. Serious inquiries only. Contact us today to schedule a showing and explore this exciting investment prospect.

• CAP approach

  CAP return

  Valuation

  6%

  $791,977

  6.5%

  $731,055

  7%

  $678,837

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,420,593

  Geo Method

  $1,420,593

• Alternative Use

  Use

  Valuation

  Residential

  $616,673

  Hospitality

  $564,869

  Educational

  $469,964

  Medical

  $486,127

  Retail

  $731,055

Location Insight

City

Summerville

County

Union

State

Oregon

Latitude

45.4908

Longitude

-118.004

CBSA code

29260

CBSA name

LA GRANDE, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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