Remarks

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.

Details

MLS#: 322960076
Price: $2,180,000

Style: Commercial
Sq Ft: 3700
Year Built: 1946

County: Tillamook
Tax Fee: 5743.04