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Shopping Strip

Andrew's Pizza & Skylight Theater | Building & Business

107-111 Oak St, Hood River, OR 97031

Listing Price: $2,250,000

Cap Rate
7.00%
Gross SF
10,700
Rentable SF
10,700
Price/Gross SF
$210.28
Lot Size
0.22 acres
Year Built
1905

Investment Overview

This offering includes a well-situated retail property in a designated Opportunity Zone (OZ) within the heart Hood River, Oregon. The property is a beautifully renovated building situated on a 0.22-acre C-2 zoned parcel with 10,700 rentable square feet. Currently occupied 100%, the owner and long-term tenant, Andrew's Pizza & Skylight Theater occupies approximately 92% of the property and is also offering their business for sale for an additional $750,000. Alternatively, this portion of the property can be vacated and offered for lease at a negotiable market rate.

Major renovations include ADA, life-safety upgrades (sprinkler, ingress/egress), skylight and roof replacement. Oak Street is the primary retail corridor in Hood River’s central business district. Hood River attracts millions of visitors who explore the Columbia River Gorge, its iconic waterfalls and panoramic views. It’s considered a sports mecca known for its world-class wind, water, and bike sports.

The Andrew's Pizza & Skylight Theater offering is an amazing opportunity for investors, owner-users, or business entrepreneurs looking to operate, or reposition the existing business, and own/lease a prime commercial real estate in a fastest-growing, destination city with an abundance of natural beauty and outdoor activities, Hood River.

Investment Highlights

  • Business and Building For Sale at $2,250,000
  • 10,700 Rentable SF | Potentially 92% Owner-User Occupied with Purchase of the Business
  • Designated Opportunity Zone (OZ)
  • Well Established Andrew's Pizza and Skylight Theater Business is Being Sold with the Property, or Can be Leased Separately
  • Two-Tenant, Commercially Zoned Retail Building
  • 7.0% Cap Rate, Potential Seller Finance
  • Oak Street is Hood River's Primary Retail Corridor
  • Major Renovations Include ADA, Life Safety Upgrades (Sprinkler, Ingress/Egress), Skylight and Roof Replacement

Exclusively Listed By

Financing By

Shopping Strip

Andrew's Pizza & Skylight Theater | Building & Business

Listing Price: $2,250,000

Cap Rate
7.00%
Gross SF
10,700
Rentable SF
10,700
Price/Gross SF
$210.28
Lot Size
0.22 acres
Year Built
1905

Investment Highlights

  • Business and Building For Sale at $2,250,000
  • 10,700 Rentable SF | Potentially 92% Owner-User Occupied with Purchase of the Business
  • Designated Opportunity Zone (OZ)
  • Well Established Andrew's Pizza and Skylight Theater Business is Being Sold with the Property, or Can be Leased Separately
  • Two-Tenant, Commercially Zoned Retail Building
  • 7.0% Cap Rate, Potential Seller Finance
  • Oak Street is Hood River's Primary Retail Corridor
  • Major Renovations Include ADA, Life Safety Upgrades (Sprinkler, Ingress/Egress), Skylight and Roof Replacement

Investment Overview

This offering includes a well-situated retail property in a designated Opportunity Zone (OZ) within the heart Hood River, Oregon. The property is a beautifully renovated building situated on a 0.22-acre C-2 zoned parcel with 10,700 rentable square feet. Currently occupied 100%, the owner and long-term tenant, Andrew's Pizza & Skylight Theater occupies approximately 92% of the property and is also offering their business for sale for an additional $750,000. Alternatively, this portion of the property can be vacated and offered for lease at a negotiable market rate. Major renovations include ADA, life-safety upgrades (sprinkler, ingress/egress), skylight and roof replacement. Oak Street is the primary retail corridor in Hood River’s central business district. Hood River attracts millions of visitors who explore the Columbia River Gorge, its iconic waterfalls and panoramic views. It’s considered a sports mecca known for its world-class wind, water, and bike sports. The Andrew's Pizza & Skylight Theater offering is an amazing opportunity for investors, owner-users, or business entrepreneurs looking to operate, or reposition the existing business, and own/lease a prime commercial real estate in a fastest-growing, destination city with an abundance of natural beauty and outdoor activities, Hood River.

Exclusively Listed By

Financing By

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