Courtesy: Rob Trost Real Estate LLC
503-842-9090
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.
Netarts is located in Oregon. Netarts, Oregon has a population of 813. Netarts is more family-centric than the surrounding county with 23.21% of the households containing married families with children. The county average for households married with children is 20.38%.
The median household income in Netarts, Oregon is $58,661. The median household income for the surrounding county is $55,730 compared to the national median of $69,021. The median age of people living in Netarts is 62.1 years.
The average high temperature in July is 68.8 degrees, with an average low temperature in January of 38.6 degrees. The average rainfall is approximately 94.3 inches per year, with 0.9 inches of snow per year.
