Business Opportunity only, No Real Estate involved -- Nicely decorated restaurant & bar with poker machines on main street in Newberg. Two kitchens for restaurant and bar. About 40 seats in dining room and additional 40 seats in the bar area. George Fox University is close by and tons of pass through traffic. Rent is $19/sf/yr including NNN. Current owner opens 5 days a week due to short staff. Please Do Not disturb business, need appt to show. (All equipments belong to landlord and are to be retained at the property, they cannot be sold or removed without landlord's written approval)
Leased Investment in Wine Country. Rare mixed use building on Newberg's First Street. Next to City Hall, ground floor tenant (Barley & Vine, please do not disturb, but please grab some food and drink - they are great!) and upstairs apartment. Contract Broker for details on Income.
Newberg is located in Oregon. Newberg, Oregon has a population of 25,108. Newberg is more family-centric than the surrounding county with 32.51% of the households containing married families with children. The county average for households married with children is 31.3%.
The median household income in Newberg, Oregon is $81,210. The median household income for the surrounding county is $73,409 compared to the national median of $69,021. The median age of people living in Newberg is 34.6 years.
The average high temperature in July is 81.1 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 41.4 inches per year, with 2.6 inches of snow per year.