210 Penninger St - Restaurant FOR SALE


Central Point, OR 97502
$2,000,000 USD
541-383-5162
210 Penninger St, Central Point, OR for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

210 Penninger St
Central Point, OR 97502


HIGHLIGHTS

  • Available for sale or lease—an excellent opportunity for an owner-user restaurant or potential redevelopment for various uses
  • Turnkey kitchen with all equipment included in the sale
  • Fire suppression hood in kitchen
  • Established customer base from three nearby hotels
  • Highly visible location with convenient interstate access
  • Prominent pylon signage visible from I-5 with traffic counts over 41,700 AADT (2023)

OVERVIEW

Seize this incredible opportunity to own or lease a stand-alone 4,400 SF retail/restaurant building in a high-traffic location along Interstate 5. Priced at $2,000,000, this turnkey property features a fully equipped kitchen, fire suppression hood, and an established customer base from three nearby hotels. The high-visibility site has prominent pylon signage with exposure to over 41,700 vehicles per day and is just four miles north of Medford. Zoned C4, it offers flexibility for restaurants, tourism-focused businesses, or professional offices. With easy access from E Pine St. and Penninger Rd., this property is ideal for an owner-user or redevelopment opportunity.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sharis Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

C4

APN/PARCEL ID

10944125

ASK ABOUT THIS PROPERTY

Matt SichelCompass Commercial Real Estate ServicesMore Info
541-383-5162

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Matt SichelCompass Commercial Real Estate ServicesMore Info
541-383-5162

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