231 W Front Street, Merrill, OR 97633


Listing ID220164817
Sold For$415,000
StatusClosed
SqFt 710
CountyKlamath
Year Built1948
Property TypeCommercial Sale
The iconic Polar Bear restaurant is for sale. This popular eatery and ice cream spot has been a staple of the Merrill community since 1948. This is a turnkey business opportunity, complete with all equipment, supplies, 7 security cameras, and 9 employees. Second building, formerly the meat market, is included in this sale. Both buildings are cinder block construction, with ductless heat and air. Polar Bear restaurant sits on land leased from the City of Merrill. The current term is 5 years at $200.00 per month. New owner will need to apply and negotiate future lease with City of Merrill. The Polar Bear building, equipment and signage are owned by the sellers. The 2nd building sits across the park from Polar Bear. Sellers own 2nd building and land (.10 acre). Sellers have installed new roof (2022), and begun renovations in the 2nd building, leaving room for new owner to finish to their specifications, and usage. Equipment list included in Docs.
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#IDX-primaryPhoto,#idx-details-headerListed by: Coldwell Banker Holman Premier (541) 880-4682

Contact - Listing ID 220164817


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Coldwell Banker Pro West Real Estate

300 E Main St.
Medford, OR 97501
Phone: 541-773-6868
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