4805 NETARTS HWY new Save Request In-Person Tour Request Virtual Tour
Netarts,OR 97143
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
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash,Contract,Conventional
Listing Terms Cash,Contract,Conventional