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$1,800,000
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Property Description
Turnkey bar/restaurant on Hwy 131 in Netarts-real property included! The Upstairs Bar & Grill is a landmark business with decades of proven success, known for its loyal local following and heavy tourist traffic. Extensively remodeled and in excellent condition, the property features a full-service kitchen, six high-performing Oregon Lottery machines, and a spacious covered deck overlooking Netarts Bay. Includes adjacent 1BD/1BA rental unit for added income or on-site housing. The level 0.5-acre lot offers ample parking and a fenced outdoor area for games and events. One of only two bars in town, this is a rare opportunity to own a high-demand coastal business. Strong financials with 9%+ projected cap rate. Sale includes FF&E, most inventory, and business name. Possible seller financing with large down.
Full Property Details
Full Property Details for 4805 Netarts Hwy
General
- Price: $1,800,000
- Taxes: $5,743 (2024)
- Status: Active
- Type: Commercial Service
- Source: RWMLS
- MLS ID: 322960076
- Updated: 1/9/2026
- Added to Site: 216 day(s) ago
Business
- Name: Upstairs Bar and Grill
Additional Information
- Equipment: Fixtures, Furniture, Smoke Detector
Parking
- Total Spaces: 25
- Parking Features: On Site
Location
- County: Tillamook
- Driving Directions: Hwy 131 west to Netarts. Property on left just as you enter town.
Community
- Community Name: 195 - Tillamook County
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump
- Heating Type: Ductless, Heat Pump
- Heating Fuel: Electricity, Propane
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Construction: Cement Siding, Frame
- Roof: Composition
- Square Feet: 3,700
- Current Bldg. Use: Bar, Restaurant
- Year Built: 1946
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Size: 20, 000 SqFt to .99 Acres
- Frontage: Paved
Financial Considerations
- Operating Expenses: $1,800,000
- Tax Amount: $5,743.04
- Tax Year: 2024
- Terms: Cash, Contract, Conventional
Disclosures and Reports
- Documents Avail.: Operating Expense Report, Profit & Loss Statement
- Legal Description: Tax map 2S-10-0-5BD-01400
- Property ID: 182091
Listed by Rob Trost Real Estate LLC (503) 842-9090, Dustin Trost (503) 801-2326
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Schools
Schools serving 4805 Netarts Hwy
School District:Tillamook School District 9
| Name | Grades | Distance |
|---|---|---|
Tillamook High School 2605 12th Street, Tillamook, OR 97141 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4805 Netarts Hwy
Date
Details
Price
Change
Source
1/09/2026
Price Reduced
$1,800,000
-10%
MLS
9/10/2025
Price Reduced
$2,000,000
-8.26%
MLS
6/15/2025
Listed
$2,180,000
1746.49%
MLS
6/24/2015
Sold
$118,062
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4805 Netarts Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,009
5%
$468,630
3%
2024
$5,743
—
$454,990
3%
2023
$5,721
5%
$441,740
6%
2021
$5,434
-2%
$416,390
-3%
2022
$5,561
2%
$428,880
6%
2021
$5,434
4%
$404,270
3%
2019
$5,207
2%
$392,500
3%
2018
$5,105
3%
$381,070
3%
2017
$4,940
3%
$369,980
3%
2016
$4,790
—
$359,210
3%
2015
$4,775
1%
$348,750
3%
2014
$4,716
5%
$338,600
8%
2013
$4,473
—
$312,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4805 Netarts Hwy
4805 Netarts Hwy, Netarts, OR 97143 (MLS# 322960076) is a Commercial Service property. 4805 Netarts Hwy is currently listed for $1,800,000 and was received on June 15, 2025. Want to learn more about 4805 Netarts Hwy? Do you have questions about finding other Commercial Service real estate for sale in Netarts? You can browse all Netarts real estate or contact a Coldwell Banker agent to request more information.

