Riverfront Bar with Living
New
For Sale
$599,000
10786 HIGHWAY 126, Mapleton, OR 97453
CommercialSale, Mapleton, OR
Property Size4,080 SF
Lot Size0.14 Acres
Price / SF$146.81
Days on Market3
Property Features for 10786 HIGHWAY 126
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
RC
View
City, River
Directions
HWY 126 to Left at Address
Subdivision
_238
Standard status
Active
APN
0764207
Size
4,080 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
18-10-02-43-00200
Tax Annual Amount
1528
Legal Description
18-10-02-43-00200
Utilities
Heating system
Ductless (Heating)
Water front features
River Front
Water front
1
Building Details
Year built
1910
Floors in Building
2
Building materials
T111Siding, WoodSiding
Roof type
Membrane, Composition
Listing Agency:
Oregon Empire Real Estate & Property Management
(541) 525-8466
Listed By:
Jacob Fiddy
(541) 510-5932
Added: Aug 24
Last Checked: Aug 26 at 5:06AM
MLS# 650835345
Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,080-square-foot bar property occupies a 0.14-acre site and includes customer areas, a full kitchen, dining space, entertainment areas, and four half bathrooms on the main level. The upper floor contains two bedrooms, two full bathrooms, and a living area, including one bathroom with a claw-foot tub. The property was built in 1910 and has wood siding, a membrane and composition roof, and ductless heating.
Located at 10786 Highway 126 in Mapleton, the property includes river frontage and is near the Siuslaw River and Oregon Coast. RC zoning is identified for the site.
Located at 10786 Highway 126 in Mapleton, the property includes river frontage and is near the Siuslaw River and Oregon Coast. RC zoning is identified for the site.
Key Highlights
- 4,080 square feet on a 0.14‑acre site
- River Front property at 10786 HIGHWAY 126, Mapleton, OR 97453
- Main level includes a full kitchen, dining area, entertainment space, and four half bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,310
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$826,200
$826.2K
Cap Rate 7%
$590,143
$590.1K
Cap Rate 9%
$459,000
$459.0K
Market Conditions
NOI Build-Up for 4,080 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$73.4K $18.00/SF
− Vacancy
−$7.3K −$1.80/SF
EGI
$66.1K $16.20/SF
− OpEx
−$24.8K −$6.07/SF
NOI
$41.3K $10.13/SF
Area
Lane County, OR
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$826,200
Cap Rate 7%
$590,143
Cap Rate 9%
$459,000
Alternative Uses
Best Use
Specialty Retail
$839.2K
$734.3K – $979.1K
NOI $58,747 @ 7.0% cap · market cap 9.81%
Second Best
Mixed Use
$590.1K
$516.4K – $688.5K
NOI $41,310 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.03M
$903.2K – $1.20M
NOI $72,253 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Chevron
Shops & Services
3,065 visits/mo
0.3 miles
Demographics for 97453, OR
979
Population
466
Households
2.1
Avg Household Size
54
Median Age
10%
College-Educated
95%
High-School Grad
112.7 sq mi
ZIP Area
9
Density / Sq Mi
$53,333
Median Household Income
$32,375
Median Earnings
$1,099
Median Rent
$336,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Bar & Pub - Two-level configuration combines a customer venue with an upstairs residential layout.
Where is this bar & pub located?
The property is located at 10786 HIGHWAY 126 Mapleton, OR.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 4,080 square feet on a 0.14‑acre site; River Front property at 10786 HIGHWAY 126, Mapleton, OR 97453; Main level includes a full kitchen, dining area, entertainment space, and four half bathrooms
