Property Description

Own a piece of Banks history. Banks Billiards is a 3,440 SF bar and billiards hall on NW Main St, in a landmark building dating to 1904, as recorded in City of Banks historical chronicles. A beloved gathering place in the community, offered as one sale: the real estate, the established business, FF&E, and a 1969 3BD/2BA manufactured home (approx. 1,248 SF) leased to a residential tenant month-to-month for additional income. More than $120K in updates since 2016: metal roof (2022), new wood siding, facade & windows (2025), gutters, updated electrical, 100 ft of new gas line to a new meter, two ductless mini-splits, new walk-in cooler, new metal signage & updated flooring. A natural gas backup generator keeps the cooler and lottery running during an outage. Kitchen features a $14K ventless enclosed auto-fry system, Wells grill top with vent hood, Atosa undercounter refrigerator, 3-compartment sink, hand sink & above-floor grease trap. Inside, 10 ft ceilings open over a full bar, two tabletop seating areas & an Oregon Lottery room. Includes 2 pool tables, 22 ft vintage shuffleboard, Golden Tee & Pac-Man arcade games, karaoke machine, security system, monetized Facebook account & 2 trailer billboards (one in North Plains). ATM & jukebox are leased. The original wooden bar counter, icebox & century-old back bar mirror remain, and all vintage decor conveys. Outside: covered patio, covered seating & front porch with stairs and ramp. 7,405 SF (0.16 AC) lot zoned DC Downtown Commercial with 35 ft of frontage on NW Main St. Sunset View at West Banks, 144 new homes, is under way directly behind the property, with approx. 1,100 new homes planned or under way citywide. Business financials available to qualified buyers with a signed confidentiality agreement.