670 Highway 101 NRockaway Beach, OR97136

$649,000
$559,732 annual income
2838 sq. ft
0.47 acres
Zoning: RK-C1
1281 days on market
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Price per ft²$228.68/ft²
Price per acre$1.38M/ac
Time on market1281 days

Property Description

Accepted Offer with Contingencies. Phenomenal Lake Restaurant that has withstood COVID and maintained a solid income base regardless. Will supply financials with NDA, partially covered back patio overlooking the serene Lytle Lake. Over $350,000.00 in remodels and upgrades. Over 35 parking spaces. Multiple Ductless units. Net income around $150,000/year. High Volume, Tourist Attraction with a consistent local customer base. Upgradedequipment throughout, Remodeled in 2011. Maintains the only Lake Rights to build out. Buyer Due Diligence.

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Financial Data

Original Price$649,000
Current Price$649,000
Property Taxes$3,286

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Home Facts

StatusActive Under Contract
MLS ID770259