Eugene, Oregon is a prime location for investing in restaurants, with a population of around 179,887 and a strong focus on the arts, recreation, and education. Restaurants in Eugene offer a unique opportunity to tap into the city's eclectic mix of students, professionals, and outdoor enthusiasts, providing a diverse customer base. Whether you're looking to invest in a casual eatery, a fine dining establishment, or a specialty food venue, Eugene's restaurants offer a range of possibilities. The city's amenities, including the University of Oregon, Bushnell University, and Lane Community College, ensure a steady stream of customers, while its natural environment and recreational opportunities make it an attractive destination for tourists and locals alike. With its strong infrastructure, including the Eugene Water & Electric Board, NW Natural, and the Metropolitan Wastewater Management Commission, Eugene provides a supportive environment for businesses to thrive.
With 3 restaurants for sale in Eugene, there are plenty of opportunities to find the perfect investment. From casual eateries to fine dining establishments, Eugene's restaurants offer a range of possibilities. In addition to restaurants, Eugene also offers a range of other investment opportunities, including apartment buildings, shopping centers, specialty properties, and hotels. The city's apartment buildings, such as those near the University of Oregon, offer a steady stream of renters, while its shopping centers, like the 5th Street Market, provide a hub of commercial activity. Specialty properties, like the historic buildings in downtown Eugene, offer a unique opportunity to invest in a piece of the city's history, while hotels, like the Inn at the 5th, cater to the city's many tourists and business travelers. With its strong economy, diverse population, and range of investment opportunities, Eugene is an attractive destination for investors.
What is the average cost per square foot for a restaurant in Eugene?
The average cost per square foot for a restaurant in Eugene is $494 USD per square foot, with an average size of 3,567 square feet and a largest size of 6,000 square feet among the 3 available listings.
What factors determine the value of a restaurant for sale in Eugene?
When evaluating the value of a restaurant for sale in Eugene, several key factors come into play, including:
- Location, with proximity to the University of Oregon, downtown Eugene, and major transportation hubs like the Eugene Airport and Interstate 5, being highly desirable;
- The restaurant's size, with an average size of 3,567 square feet, and a maximum size of 6,000 square feet, affecting its capacity and potential revenue;
- The restaurant's financial performance, including its average cap rate of 5.75%, and its price per square foot, averaging $494 USD, which can impact its overall value and attractiveness to potential buyers.
