Description
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.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
-
710SQFT
-
$632$/SQFT
School Ratings & Info
Description
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.
© 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Windermere Central Oregon Real Estate are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Windermere Central Oregon Real Estate. Data last updated: .2023-06-01T06:54:19.057