Most buyers will glance at this listing and see a small-town convenience store. What's actually here is a proven $1M+ revenue business on fee-simple real estate, in the heart of Oregon's wine country corridor, with a motivated seller and a freshly improved building, now priced to move.
Highway 99W is the main artery from Portland to McMinnville and Yamhill County's 200+ wineries. Every car headed to wine country passes directly in front of this property. Lafayette isn't a detour and it's the route. Add on-site parking, immediate street visibility, and residential neighborhoods on all sides with no large-format grocery in the city, and you have a captive customer base that doesn't require marketing to exist.
Under an engaged prior operator, this location generated:
$1,012,654 gross revenue in 2023
$1,074,584 gross revenue in 2024
The current owner acquired the business in May 2025 and, while managing a health transition, still produced $555,000 in gross revenue in just seven and a half months, while simultaneously investing $200,000 of his own money into the building. New roof, new siding, new structural framing. That $200,000 in improvements transfers to the buyer at no additional cost. The 2025 dip has one explanation- a constrained owner, not a constrained market. The highway didn't move. The demand didn't shrink. We believe a focused operator has a clear, path back to $1M+.
We believe there's a strong business proposition that hasn't been fully explored. Along the Highway 99W-facing side of the property sits a substantial exterior lot, which has high-visibility, high-traffic, and currently underutilized. Subject to city approvals, this pad is positioned perfectly for food cart or food truck operators. Deploy two to four vendors and collect ground rent at typical Oregon market rates of $400 to $800 per cart per month. That's a potential $10,000 to $38,000 in additional annual income requiring zero construction, zero inventory, and zero operational overhead on your part. The vendors market themselves. The highway does the rest.
The property includes a one-bedroom residence with kitchenette and bathroom at the rear of the building. The seller has committed to finishing it to the buyer's satisfaction before close. If you're currently paying $1,500/month in rent, that's $18,000/year that doesn't appear anywhere in the model above flowing straight back to you.
