For Sale
$2,088,000

701 2Nd StThe Dalles, OR 97058

Profitable Oregon Eatery, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
112
This exceptional opportunity presents the chance to acquire the thriving RiverTap Restaurant and Pub, a well-established business located at 701 E 2nd St, The Dalles, Oregon, 97058. Boasting a 4,400 square foot space on a 15,000 square foot lot, this single-story, 2008-built establishment sits on APN 3369, 3370 and includes 21 parking spaces. The property is zoned CBC and operates under a NNN lease with a remaining term of 5 years. RiverTap, a single-unit business, is a proven success, recently awarded "Best of the Gorge 2024" by Bi-coastal Media for its food and cocktails. The business includes all restaurant equipment, less than 6 years old and meticulously maintained. Operating hours are 8 am to 9 pm Sunday-Thursday and 8 am to 10 pm Friday-Saturday, with a recently added breakfast menu. The sale includes the business and real estate, offering a turnkey operation with an experienced staff of 22 employees (11 front-of-house and 11 back-of-house), managed by experienced supervisors. A supplemental income stream is generated through lottery operations. This is a rare chance to own a profitable, community-loved restaurant with a strong reputation for excellent food, drinks, and a welcoming atmosphere. The asking price is $2,088,000. Full Circle LLC holds full ownership.

Highlights

  • $2,088,000 asking price for a profitable, turnkey restaurant and pub.
  • 4,400 square foot building on a 15,000 square foot lot with 21 parking spaces.
  • Located at 701 E 2nd St, The Dalles, OR 97058.
  • Includes all restaurant equipment (new within the last 6 years).
  • Established in 2008, with a 5-year remaining lease (NNN).

Property Details for 701 2Nd St

Property type
Hospitality properties
Square Feet
4,400 SF
Year Built
2008
Buildings
1
Stories
1
Units
1

Location Insight

City
The Dalles
County
Wasco
State
Oregon
Latitude
45.598947225352
Longitude
-121.17689354861
701 2Nd St, The Dalles, Oregon

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701 2Nd St
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