for sale for sale: restaurant/bakery building beautifully
TRANSCRIPT
Peter May, CCIM | Dan Kemp, Partner600 SW Columbia St., Ste. 6100 | Bend, OR 97702541.383.2444 | www.compasscommercial.com
Brokers are licensed in the state of Oregon. This information has been furnished from sources we deem reliable, but for which we assume no liability. This is an exclusive listing. The information contained herein is given in confidence with the understanding that all negotiations pertaining to this property be handled through Compass Commercial Real Estate Services. All measurements are approximate.
Dan Kemp, Partner [email protected]
Peter May, CCIM [email protected]
541.383.2444
FOR SALE: Restaurant/Bakery Building 357 NE Dekalb Ave., Bend, Oregon Beautifully Updated Restaurant/Bakery Building 3,834 SF | 0.28 AC | $1,308,000
FOR SALE357 NE Dekalb Ave.
Bend, Oregon
Excellent Opportunity for a Bakery or Small Restaurant
Demographics 1 Mi. Radius 3 Mi. Radius 5 Mi. Radius
2019 Population 7,718 80,497 102,548
2024 Population 8,402 89,752 114,268
2019 Daytime Population 23,078 93,065 109,793
Pop. Growth 2010-2018 1.33% 2.23% 2.29%
Pop. Growth 2018-2023 1.71% 2.20% 2.19%
2019 Median Age 35.5 38.1 39.2
2019 Total Households (HH) 3,552 33,375 41,708
2019 Avg. HH Size $72,806 $84,655 $88,590
2019 Avg. HH Income $90,931 $80,138 $79,619
2019 Total Businesses 2,087 5,271 5,806
Bachelor’s Degree 26.0% 28.1% 28.5%
Graduate Degree 14.0% 15.6% 15.9%
Consumer Spending (Cakes/Cupcakes) $154,347 $1,686,061 $2,211,647
Went to family restaurant last 6 months 4,624 48,684 62,171
Custom Map
Source: ©2019 Esri
August 29, 2019
©2019 Esri Page 1 of 1
Beautifully Updated Restaurant/Bakery Building FOR SALE357 NE Dekalb Ave.
Bend, OregonThe Cake Lady Building
Sale Price: $1,308,000
Highlights
�� Ideal for a bakery or small restaurant business
�� Large indoor café-style customer seating area plus outdoor seating
�� Mountain views
�� Large kitchen set up as a bakery
�� Second floor office/storage space
�� High-end building renovated in 2009
�� The Cake Lady business and FF&E for sale for $50,000
Property Details
Bldg. Size: 3,834 SF
Lot Size: 0.28 Acres
Year Built: 1964
Year Renovated: 2009
Stories: 2
Zoning: Commercial Limited (CL)
Parking: 7 onsite with ample street parking
Investment SummaryThe building at 357 NE Dekalb Avenue currently houses The Cake Lady which can be purchased in addition to the real estate. This facility is perfectly set up for a bakery or small restaurant business. The interior features a large café-style customer seating area and long serving counter. There is also outside seating with mountain views. The first floor has a large kitchen area which is set up as a bakery. The second floor has a large open space with mountain views, suitable for storage or additional office space.
This is a high-end building centrally located off of 3rd Street. The property is in first class condition after a complete building remodel in 2009 which included beautiful beam construction made from trees hand selected by the owners.
Business Opportunity The Cake Lady has a top notch reputation, wide spread name recognition, and a very strong referral business. The phone rings off the hook with people looking to order custom cakes. The business assets are for sale for $50,000 and includes all of the furniture, fixtures and bakery equipment in the building. The tangible assets of the business include the furnishings, bakery and kitchen equipment, and baking accessories. The sale also includes The Cake Lady marketing assets such as the business name, phone number, Facebook page, customer records, and logos. The sale does not include the intellectual property of recipes, custom designs, or images of the current owners’ products. The sale of the business must be November 1, 2019 or later. The building may be purchased earlier if there is a lease in place for the current business through the end of October.
Beautifully Updated Restaurant/Bakery Building FOR SALE357 NE Dekalb Ave.
Bend, OregonThe Cake Lady Building
Sale Price: $1,308,000
Highlights
�� Ideal for a bakery or small restaurant business
�� Large indoor café-style customer seating area plus outdoor seating
�� Mountain views
�� Large kitchen set up as a bakery
�� Second floor office/storage space
�� High-end building renovated in 2009
�� The Cake Lady business and FF&E for sale for $50,000
Property Details
Bldg. Size: 3,834 SF
Lot Size: 0.28 Acres
Year Built: 1964
Year Renovated: 2009
Stories: 2
Zoning: Commercial Limited (CL)
Parking: 7 onsite with ample street parking
Investment SummaryThe building at 357 NE Dekalb Avenue currently houses The Cake Lady which can be purchased in addition to the real estate. This facility is perfectly set up for a bakery or small restaurant business. The interior features a large café-style customer seating area and long serving counter. There is also outside seating with mountain views. The first floor has a large kitchen area which is set up as a bakery. The second floor has a large open space with mountain views, suitable for storage or additional office space.
This is a high-end building centrally located off of 3rd Street. The property is in first class condition after a complete building remodel in 2009 which included beautiful beam construction made from trees hand selected by the owners.
Business Opportunity The Cake Lady has a top notch reputation, wide spread name recognition, and a very strong referral business. The phone rings off the hook with people looking to order custom cakes. The business assets are for sale for $50,000 and includes all of the furniture, fixtures and bakery equipment in the building. The tangible assets of the business include the furnishings, bakery and kitchen equipment, and baking accessories. The sale also includes The Cake Lady marketing assets such as the business name, phone number, Facebook page, customer records, and logos. The sale does not include the intellectual property of recipes, custom designs, or images of the current owners’ products. The sale of the business must be November 1, 2019 or later. The building may be purchased earlier if there is a lease in place for the current business through the end of October.
Peter May, CCIM | Dan Kemp, Partner600 SW Columbia St., Ste. 6100 | Bend, OR 97702541.383.2444 | www.compasscommercial.com
Brokers are licensed in the state of Oregon. This information has been furnished from sources we deem reliable, but for which we assume no liability. This is an exclusive listing. The information contained herein is given in confidence with the understanding that all negotiations pertaining to this property be handled through Compass Commercial Real Estate Services. All measurements are approximate.
Dan Kemp, Partner [email protected]
Peter May, CCIM [email protected]
541.383.2444
FOR SALE: Restaurant/Bakery Building 357 NE Dekalb Ave., Bend, Oregon Beautifully Updated Restaurant/Bakery Building 3,834 SF | 0.28 AC | $1,308,000
FOR SALE357 NE Dekalb Ave.
Bend, Oregon
Excellent Opportunity for a Bakery or Small Restaurant
Demographics 1 Mi. Radius 3 Mi. Radius 5 Mi. Radius
2019 Population 7,718 80,497 102,548
2024 Population 8,402 89,752 114,268
2019 Daytime Population 23,078 93,065 109,793
Pop. Growth 2010-2018 1.33% 2.23% 2.29%
Pop. Growth 2018-2023 1.71% 2.20% 2.19%
2019 Median Age 35.5 38.1 39.2
2019 Total Households (HH) 3,552 33,375 41,708
2019 Avg. HH Size $72,806 $84,655 $88,590
2019 Avg. HH Income $90,931 $80,138 $79,619
2019 Total Businesses 2,087 5,271 5,806
Bachelor’s Degree 26.0% 28.1% 28.5%
Graduate Degree 14.0% 15.6% 15.9%
Consumer Spending (Cakes/Cupcakes) $154,347 $1,686,061 $2,211,647
Went to family restaurant last 6 months 4,624 48,684 62,171
Custom Map
Source: ©2019 Esri
August 29, 2019
©2019 Esri Page 1 of 1