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142 Bay Front Loop
Winchester Bay, OR 97467
 "Griff's on the Bay" Restaurant -Fish Market · Retail Property For Sale

Restaurants Oregon 142 Bay Front Loop, Winchester Bay, OR 97467

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Investment Highlights

  • Waterfront Location
  • Excellent menu and great reputation
  • Sale includes building, business, furniture fixtures and equipment.
  • Fully equipped kitchen
  • Conveyed as turn key restaurant and sea food market.
  • Seller Carried Financing Available

Executive Summary

Beautiful water front restaurant in the Winchester Bay Harbor. Sale includes building, business, furniture fixtures and equipment. Conveyed as turnkey restaurant and sea food market. Nicely appointed dining room seats 50 with beautiful views of the harbor and ocean. Fully equipped kitchen and separate sea food processing facilities. Restaurant has excellent menu and great reputation with many repeat customers. Many recent updates including new roof, siding and paint in 2024. Building suitable for many uses. Don't miss this great opportunity, Priced to sell! Call today! New roof! New Paint, New Windows, and New Deep Fryer! All fixed up and ready to go for summer...
Seller Carried Financing Available OAC.
Land is leased from the Port at $420 per month.
Business Name: Griff's on the Bay
Actual Gross Income: $324,499 Actual Net Income: $51,347 Actual Oper. Expenses: $273,152

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,896 SF
Year Built/Renovated
1983/2004
Price
$415,299 CAD
Price Per SF
$219.04 CAD
Cap Rate
17.12%
NOI
$71,093 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.54
Lot Size
0.08 AC
Zoning
CA-12 - General Commercial
Parking
20 Spaces (10.55 Spaces per 1,000 SF Leased)
Frontage
100’ on Bay Front Loop

Amenities

  • Restaurant
  • Signage
  • Waterfront

Property Taxes

Parcel Number R51728 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $184,310 CAD

Property Taxes

Parcel Number
R51728
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$184,310 CAD
 

  • Listing ID: 26303139

  • Date on Market: 2022-08-01

  • Last Updated:

  • Address: 142 Bay Front Loop, Winchester Bay, OR 97467

The Retail Property at 142 Bay Front Loop, Winchester Bay, OR 97467 is currently available for Sale. Contact Pacific Properties for more information.

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