REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Rob Trost Real Estate LLC
$ 2,180,000
Est. payment | /mo
3,700 SqFt
$ 2,180,000
Est. payment | /mo
3,700 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,700 sqft
Price per Sqft $589
MLS Listing ID 322960076
Year Built 1946
Annual Tax Amount $5,743
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Commercial
Property Description
Turnkey bar/restaurant on Hwy 131 in Netarts—real property included! The Upstairs Bar & Grill is a landmark business with decades of proven success, known for its loyal local following and heavy tourist traffic. Extensively remodeled and in excellent condition, the property features a full-service kitchen, six high-performing Oregon Lottery machines, and a spacious covered deck overlooking Netarts Bay. Includes adjacent 1BD/1BA rental unit for added income or on-site housing. The level 0.5-acre lot offers ample parking and a fenced outdoor area for games and events. One of only two bars in town, this is a rare opportunity to own a high-demand coastal business. Strong financials with 9%+ projected cap rate. Sale includes FF&E, most inventory, and business name. Possible seller financing with large down.
Location
State OR
County Tillamook
Area _195
Zoning C-1
Interior
Heating Ductless, Heat Pump
Cooling Heat Pump
Equipment Fixtures, Furniture, SmokeDetector
Exterior
View Bay
Roof Type Composition
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "