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The Humboldt Club 2056 Sherman Ave

11,500 SF 100% Leased Retail Building North Bend, OR 97459 £1,056,308 (£92/SF) 7.40% Net Initial Yield

Executive Summary

Y'all are in for a treat at this legendary spot in North Bend, Oregon! With a rich history stretching back over a century, this bar and tavern has been a beloved gathering place for locals and visitors alike. Deeply rooted in the traditions of the hardworking Longshoreman community, it's a true gem. From its humble beginnings, it has transformed into a lively hub where folks can enjoy a game of pool, try their luck at video poker, and savor some finger-lickin' good foods. Come on down, kick back, and experience Southern hospitality at its finest

Property Facts

Sale Type
Investment
Sale Condition
REO Sale
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,500 SF
Year Built
1925
Price
£1,056,308
Price Per SF
£92
Net Initial Yield
7.40%
NOI
£78,167
Percent Leased
100%
Number of Floors
2
Building FAR
0.64
Land Acres
0.41 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
Community Commercial (CC)
Frontage
178 ft on Sherman Ave. & Union Ave

Amenities

  • Restaurant
  • Signage
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Walk Score ®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 1006136700 Improvements Assessment £0
Land Assessment £0 Total Assessment £235,283

PROPERTY TAXES

Parcel Number
1006136700
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£235,283
(541) 297-1389

  • Listing ID: 31752869

  • Date on Market: 09/05/2024

  • Last Updated:

  • Address: 2056 Sherman Ave, North Bend, OR 97459

The Retail Property at 2056 Sherman Ave, North Bend, OR 97459 is currently available For Sale. Contact Realty Empire LLC. for more information.

Nearby Listings

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2056 Sherman Ave, North Bend, OR for sale Building Photo- Image 1 of 14
The Humboldt Club
2056 Sherman Ave, North Bend, OR for sale Building Photo- Image 2 of 14
Building Photo
2056 Sherman Ave, North Bend, OR for sale Primary Photo- Image 3 of 14
Primary Photo
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 4 of 14
Interior Photo
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 5 of 14
Dining
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 6 of 14
Interior Photo
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 7 of 14
Full Kitchen
2056 Sherman Ave, North Bend, OR for sale Building Photo- Image 8 of 14
Building Photo
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 9 of 14
Interior Photo
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 10 of 14
Gaming
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 11 of 14
Interior Photo
2056 Sherman Ave, North Bend, OR for sale Interior Photo- Image 12 of 14
Interior Photo
2056 Sherman Ave, North Bend, OR for sale Building Photo- Image 13 of 14
Approximate lot lines

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© 2024 CoStar Group

The Humboldt Club | 2056 Sherman Ave
(541) 297-1389 x

The Humboldt Club | 2056 Sherman Ave

Shaun Kougioulis

(541) 297-1389

(541) 297-1389

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