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#1647
Washington Central

Oroville Restaurant with Real Esate for Sale

$299,000
Oroville Restaurant with Real Esate for Sale
This Listing is Expired
Selling Restaurants presents this unique opportunity. There are 2 highway crossings from Washington State to Canada and this restaurant is on one of them, located 4 miles from the Canadian border. This historic building built in 1914 is flawless and can match any high end restaurant. It is trimmed throughout with gorgeous wood walls and a couple �original� wooden beams from 1914. The 400 plus bottle cedar wine cellar is on display in the dining room and elegant. Cooper tables and counters tops everywhere. The facility is 8800 sq feet and every inch of it is breathtaking. The restaurant is built with a huge bar and dance floor, private party room and stage. 4 Marble bathrooms, full kitchen, walk in freezer, refrigerator and full basement. Did I mention the 2010 Olympics? Over 8 million people are expected to attend. How can you miss? The price reflects the assessed value of the building alone. The restaurant is basically FREE. A person could not even begin to build out the Restaurant facility for less than $225,000.00 and the building alone has an assessed value of $445K. This is an Add Value Alliance, Inc. listing.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Washington Central

Operations

Liquor License:
Beer, Wine, and Liquor
Hours Open:
Currently Not Operating
Hood System Type 1:
Yes

Facilities

# of Parking Spots:
10
Inside Sq. Ft.:
8,800
Lot Dimension:
130 x 80
Total Building Sq. Ft.:

Highlights

  • So close to the border townspeople speak Canadian
  • Located About a Mile from Lake Osoyoos a Full Water Sport Lake
  • Several golf courses and world class wineries nearby
  • Successful restaurant for over 90 years
  • Within Walking Distance of the Desert Breaze Resort
  • Option to purchase restaurant separately
  • Gambling/Pull Tab Section in Bar
  • Special Events Room for Business Meeting, Wine Tastings, Weddings, and Banquets
  • Performance Stage in Bar for Live Entertainment
  • Main Road through to Canada and the 2010 Olympics
  • Private Parking
  • Commercial Kitchen Well Equipped for High Volume!

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 5-mi
2014 Total Population 3,166
Households 5-mi
2010 Number Of Households 2,001
2010 Persons Per Household 2.33
Median House Value $159,300
Income Per Household $32,158
Businesses 5-mi
2009 Number Of Businesses 95
2012 Number Of Employees 1,220
2012 Total Annual Payroll $15,020,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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