Listing provided courtesy of Copper West Real Estate- MLS# 441431460MLS ProviderContact Information: [email protected]

701 E 2ND STThe Dalles, OR 97058

Commercial · 4,400 Sq. ft. | 0.34 Acres
$1,995,000 Active

701 E 2ND ST Overview

Time on Site:
220 days
Visits:
33

This is your opportunity to own the profitable Rivertap Restaurant and Pub established in 2009. Located in the Dalles, OR, the east gateway to the Columbia River Gorge, Rivertap is a standout restaurant and bar. Rivertap's food and cocktail programs are voted Best of the Gorge 2024 by Bi-coastal Media's annual contest. Having recently added a breakfast program to their offerings, they are now open from 8am to 9pm Sunday through Thursday, and 8am to 10pm on Friday and Saturday.Rivertap boasts 4400 square feet of space in a well-appointed and designed atmosphere. Offered for sale is the business as well as real estate including its 21 space parking lot. All restaurant equipment is new in the last 6 years, has been well maintained, and is included in the sale. Lottery operations provide an additional income stream. Rivertap has a reputation as a welcoming place for the community of The Dalles to enjoy great food, friends, and local music: sharing the bounty of the Northwest in a warm and inviting setting. Its staff is skilled and experienced, and a visit to Rivertap is always a good time. Currently there are 11 back of house and 11 front of house staff, with managers overseeing both areas of the restaurant. Live your dream of owning your own restaurant with this turnkey operation.

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701 E 2ND ST Facts & Features

  • Type Commercial
  • Sq. ft. 4,400
  • Price/Sq.ft. $453
  • Lot 0.34 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 5 - 10 Years Remaining,NNN
  • Gross Income: 1492657.0
  • Operating Expense: 0

Building Information

  • Year Built: 2008
  • Year Established: 2008

Business Information

  • Current Use: Restaurant

Location/Region

  • Country: US
  • County Or Parish: Wasco
  • MLS Area Major: 351 - Wasco Co: The Dalles

Rent/Lease Information

  • Lease Amount: 106560.0

Tax Information

  • Tax Annual Amount: 20094.34
  • Tax Year: 2025

General Information

  • Inclusions: Building,Business,Equipment
  • Listing Terms: Cash,Other
  • Parcel Number: 3369
  • Property Condition: Existing
  • Property Sub Type: Income
  • Property Type: Commercial Sale
  • Zoning: CBC

Interior

Building Interior

  • Building Area Total: 4400.0

General Information

  • Cooling: Central Air,Other
  • Heating: Ceiling,Forced Air,Heat Pump
  • Other Equipment: Fixtures,Smoke Detector
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Off Street,On Site
  • Parking Total: 21.0

Lot Information

  • Lot Size Acres: 0.34
  • Lot Size Area: 15000
  • Lot Size Dimensions: 150' x 100'
  • Lot Size Square Feet: 14810.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Stucco,Wood Frame
  • Roof: Membrane

General Information

  • Sewer: Public Sewer

701 E 2ND ST Neighborhood

Community

97058 (The Dalles) Demographics

39
Median Age
58
Population Density (per sq. mile)
31%
College Educated
$54,133
Estimated Median Income
5,072
Estimated Total Home Owners
3,029
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

701 E 2ND ST Market Data

Based on the last 30 days in this zip code

$646,456
Average List Price
$309
Average Price per Square Foot
22
Properties Sold
124
Average Days on Market
114
Properties for Sale
Calculations provided by Reliance Network

701 E 2ND ST History

Date Event Value Agent
11/21/2025Source: Regional MLS Added to Database
November 21, 2025