115 NE Locust St - Restaurant FOR SALE


Oakland, OR 97462
$749,000 USD
541-580-6767
115 NE Locust St, Oakland, OR for Sale
$749,000 USD
Restaurant - FOR SALE
1/56
null | Request Cap Rate

115 NE Locust St
Oakland, OR 97462


OVERVIEW

Own the historical crown jewel of Oakland, previous home of Tolly's Restaurant and Soda Fountain! Clientele from all over the nation have loved dining in this iconic establishment for years and years. Boasting a flexible layout, this space is perfectly suited for a variety of ventures, including a restaurant, soda shoppe, event venue, retail space, or wine tasting room in the famous Umpqua Valley wine region. With its central location and abundance of character, this property invites creativity and promises to be the cornerstone of unforgettable experiences. Great outdoor, pavered, gated courtyard with brick columns and wrought iron fencing offers opportunities for expanded seating, events or simply enhancing the overall atmosphere of the establishment. Enjoy the charm of yesteryear by owning this famous brick building, which is a county landmark! Please call for you private tour today!

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Commercial

APN/PARCEL ID

R32267,R32275

ASK ABOUT THIS PROPERTY

Jennifer KramerRe/Max IntegrityMore Info
541-580-6767

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Jennifer KramerRe/Max IntegrityMore Info
541-580-6767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.