102 HALL AVE

CoosBay, 97420

  • Bed

  • Bath

  • 1400 SqFt

  • 542 DOM

  • Built:

  • Status: Active

$899,000

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102 HALL AVE

CoosBay 97420

$899000

  • Bed

  • Bath

  • 1400 SqFt

  • 542 DOM

  • Built:

  • Status: Active

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

Amazing opportunity to own a thriving local business - THE BOAT Fish and Chips. Prime HIGHWAY 101 frontage in a high-traffic location, right next to the bay. Providing a traditional seafood menu to loyal customers while often frequented by tourists due to its unique history and excellent reputation. This is a great opportunity for someone looking to own a fun and successful restaurant business. Seating for over 80 guests, multiple Oregon Lottery machines on-site providing secondary income. Dedicated parking lot. Business, inventory, equipment, and buildings included. Everything from ground up is move-able construction, but owner would never leave this well known high-traffic spot! Land is leased at currently 5 year terms but could be negotiated longer with land owner. Again, every building, deck, room and surface above the pavement are owned by the seller and potentially moveable if new owner ever decided to relocate. Highway 101 is the Most Traveled road; not only in town, but on the Southern Oregon Coast. PRIME Highway 101 LOCATION for this business, and is just 3.5 blocks from the heart of downtown. Thriving business opportunity with a proven track record of success, generating over 6-figures in annual net income after paying a competitive owner salary. Financial details available upon request with a signed NDA. Motivated seller is willing to stay and train under negotiable terms. OWNER MAY CARRY with $425K down OAC. Looking for a business and a home? Seller may also be willing to consider selling it ALL - home and restaurant for the right price.

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