701 2Nd StThe Dalles, OR 97058

Property Details for 701 2Nd St

Lot size

0.23 AC

Zone code

CBC CENTRAL BUSINESS

Property type

Other commercial real estate

APN

1N 13E 3 AC 1800

APU

1N13E3AC1800

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $3,149,774

  Hospitality

  $2,885,176

  Educational

  $2,400,432

  Medical

  $2,482,987

  Retail

  $3,734,006

Location Insight

City

The Dalles

County

Wasco

State

Oregon

Latitude

45.5991

Longitude

-121.177

CBSA code

45520

CBSA name

THE DALLES, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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