20370574 - The Lostine Tavern with Living Quarters!

125 Hwy 82, Lostine, OR, 97857

 Description

The Lostine Tavern opened in 2014 as a very popular and profitable "farm to table" restaurant with 4,986 sq.ft that seats about 60. The second story is a currently used as a yoga studio and has a full bathroom.

The adjacent living quarters is 768 sq.ft with 2 bedrooms, kitchen and a full bathroom.

The restaurant was rebuilt in 2013 with a new roof, floors, wiring, plumbing, HVAC, kitchen, bathrooms, plaster, ventilation, lighting, re-tucked pointing of Bowlby stone, 10KW solar panels and more. All the restaurant appliances, equipment and furniture are included in the sale (ask for list).

The Lostine Tavern was built in 1910 as a pharmacy with a doctor's office in front room. Over years the doctor’s office was a creamery. The pharmacy added a soda fountain, and then in the 1940s became a tavern.

The current Lostine Tavern opened in 2014 and ran as a very popular and profitable “farm to table” restaurant for two years, and then closed for personal reasons. Since then it has operated as a community meeting place, special functions, etc. It is “walk-in-ready” for your business and even have a place to live (in the adjacent living quarters).

The renovations in 2013 were done by Kissinger Construction and included:

* 10 KW of solar panels on roof 

* New hardwood floors

* New 60 mil PVC roofing from IB Roof Systems

* new wiring (work done by Enterprise Electric)

* new plumbing (work done by Mike Murray plumbing)

* new kitchen and appliances (all appliances owned)

* New HVAC system, ventilation, kitchen hood etc.

* New plaster on walls

* New bathrooms and storage area

* New lighting

* Re-tuck pointing of exterior locally quarried Bowlby stone

* Upstairs was also renovated with new wiring

* All tables in restaurant and bar top are made from locally harvested fir salvaged from old wood mill in Enterprise.

* Connected the living quarters in the back (786 sq.ft with 2 bedrooms and one bath)

$ 449,000

MLS 20370574

Taxes $1,090.52 (2019-2020)

 Features

Base Information

Bed
2
Bath
1

Land Information

Lot Size
6000 sqft

 Amenities

 Property Features
Mountain View
Valley View
 Interior Features
Furnishings Included

 Location

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  Anette Christoffersen

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