For further information, please contact: Al Baker, Broker, Prudential Taylor & Taylor Realty, 503-936-8585, email reaco1@comcast.net

Summary Description:

This newly remodeled restaurant is located on a high-visibility corner of Highway 219, which is the primary traffic corridor for the region. Formerly known as Midway Pub, the restaurant has served for years as the main community gathering place for food, drinks, karaoke, games & lottery. This is the only property within 8-12 miles approved for restaurant use, making it a high-demand location. It is newly updated to better serve the rapidly growing community, and the many visitors on this designated tourist route and primary transportation corridor. The primary roadways to the region converge at the property, and the regional fire and rescue station is next door providing central rescue and emergency response teams serving the community.

The newly remodeled Inn has a large dining area, lounge, lottery machine room, large restrooms, newly refurbished kitchen, and an outdoor dining patio. Expansive seating and dividable rooms enable it to handle meetings and catering as well.  The restaurant was designed to enable the potential addition of a drive-up espresso window to serve commuters. The dining menu includes a full selection of steaks, sandwiches, burgers, seafood and pizza. The full-service bar has 15 beer taps and currently has OLCC permit, and is adding lottery.

This commercial property consists of .70 acre, with a 3350 sq. ft. restaurant, and also includes an 1850 sq. ft. office (converted house), and a 936 sq. ft. cabin (both usable as commercial or residential). The restaurant has a high net income potential, in addition to rental income potential from the office and cabin included on the property (zoned for commercial or residential use). Property has MAI appraisal.

Additional expansion option: The adjacent commercially-zoned Property is also available for expansion. This newly remodeled 2846 sq. ft. house on .57 acre, with commercial zoning and approved residential use is also available, allowing additional parking & expansion options for the restaurant. Combined the 2 properties can be used for restaurant expansion, overflow parking, or a combined business park totaling over 1.25 acres with 4 superb buildings highly visible from highway 219. The central location makes it the ideal business park for the region. Contact Al Baker for details.

Bald Peak Inn is Located in a Very High Growth Community:

Bald Peak Inn is located on a high-visibility intersection of Highway 219 that is 8 miles south of Hillsboro, near Bald Peak State Park. It is on the main thoroughfare at the hub of a rapidly growing area only 8-12 miles from 12 surrounding towns at the edge of Oregon's high tech corridor. It is in the fastest growing urban growth boundary of Portland, being developed with high-end homes ranging in the $500,000 to $2,000,000 value range. The tourist route serves a constant stream of joggers, bicyclists and local resident commuters. The Oregon State Highway department has significant improvements underway to handle traffic increases and supporting the areas growth, including the construction of 2 new 5-lane bridges within 3 miles of the Inn.

Population is approximately 70,000 within 10 miles, with over 8,000 people in the immediate 5 mile radius. There are several thousand high-end homes and developments underway in the near vicinity. Highway 219 is a designated as a Tourist Route, with many tourists taking destination trips to the picturesque area. Local daily commuters and tourists generate over 15,000 cars per day past the Inn on Highway 219, enabling Bald Peak Inn to be the ideal place for stopping for a meal at a family friendly place.

The neighborhood has 2 large grade schools within 3 miles. The area is very popular due to it being 10 minutes from Hillsboro, Beaverton, Tigard and Sherwood, and only 20 minutes from central Portland or 35 minutes from the Portland airport. The local population is a mix of high-tech professionals and commercial farmers, which commute past Bald Peak Inn daily. As part of the Oregon State Highway department improvements, they are also rounding out several highway corners to improve traffic flow, including the corner directly in front of the Bald Peak Inn, which will further increase traffic flow by the restaurant.

Property Summary and Renovation:

Al Baker has extensive experience in construction and managing various restaurants and commercial property developments. Al Baker created the pizza recipe at Pinocchio’s Pizza in Cottage Grove, Oregon which he founded in 1975 and which his former partners still operate. Al has been a residential and commercial builder since 1972, a Realtor since 1970 and a specialty residential appraiser since 1992. His management and partnership experience include several restaurants and two motels. Al has been the Real Estate Broker/owner and of several Real Estate companies and several commercial development partnerships.

Al Baker acquired the Bald Peak Inn property in 1995 and substantially renovated the restaurant, adding over 1000 square feet including new handicap-accessible restrooms, utility, office, entry and lottery room. The property also contains two additional buildings, consisting of a small cabin and large house which have been fully renovated including new wiring, plumbing, windows, roof, bathrooms, kitchens, drywall and carpeting. The whole property is zoned commercial, and the 2 additional buildings are rentable as offices.

The extensive property infrastructure renovations include:

·         All-new kitchen remodel, cooking hood and vent system, and full appliances including pizza ovens, grill, etc.

·         The restaurant was completely rewired, including wiring for 16 security cameras, computer networking and extensive phone wiring.

·         The interior of the restaurant has new 1x6 pine paneling on walls and ceilings, an 18-seat custom-crafted seating bar

·         The restaurant was designed to enable expansion to add a drive-up service window for espresso and food to go.

·         Addition of 4 new septic tanks and 1000 linear feet of new drain-field,

·         A curtain subsurface drain system for the property, and parking lot storm drainage with 3 catch basins which are tied into the state hwy system drainage. 

·         Underground double 4-inch conduits with high-tech computer network connecting all buildings

·         Underground propane pipe system and two inch water runs to each building.

·         There are also infrastructure connections to the building on the neighboring .57 acre property with a large residence which Al and his son acquired, and which has been rezoned as commercial zoning to enable expansion of the restaurant and businesses if needed.

·         These infrastructure investments in the property are much higher quality than standard, enabling future expansion of the restaurant and commercial buildings to serve the business growth.

Bald peak Inn - Map & Region:

Bald Peak Inn is located at 14805 SW Hillsboro Hwy, Hillsboro OR 97123

The attached map shows the property vicinity, and highlighting that:

·         Bald Peak Inn is located in the center of the Yamhill County & Washington County wine industry

·         There is no restaurant competition within 18 square miles

·         The growing local population served by two 300-student grade schools, each only 1 mile away

·         Several major highway improvements underway within 5 miles, to serve population growth

Two Additional Buildings: