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    11 Carter St Toledo, OR 97391

    For Sale
    $500,000

    COMMERCIAL - Elk City, OR

    Property size:
    2,223 SF
    Lot size:
    0.86 Acres
    Days on Market:
    224
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 11 Carter St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-1 Commercial
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2
    Bathrooms
    3
    APN
    2N1020BA-5000-
    Interior features
    Flat
    Size
    2,223 SF
    Lot size
    0.86 Acres

    Utilities

    Water source
    Well

    Building Details

    Year built
    1890
    Floors in Building
    2
    Roof type
    Composition

    Martek Real Estate (541) 961-6688 [email protected]

    Listing agent Michael T Burkhard

    Listing date May 2, 2025

    Copyright © 2025 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elk City Commercial Opportunity

    This commercial property is located in historic Elk City, Oregon. Zoned C-1 Commercial, the property includes three building shells: one formerly a general store and two residential structures. These offer potential for restoration or redevelopment. The property consists of nine lots totaling 0.86 acres. It also features five RV parking spots. The property is suitable for a business, rental income, or a creative investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Cafe & Coffee Shop Nursing Home Assisted Living Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Lincoln
    State
    Oregon
    Longitude
    -123.875542
    Latitude
    44.619971

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    FAQs

    What type of property is this?
    Commercial land - Commercial property with building shells and RV parking in Elk City.
    Where is this commercial land located?
    The property is located at 11 Carter St Toledo, OR.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - C1 Commercial Zoning offering business or redevelopment potential.; - Three building shells included: former general store and two residential structures.; - Nine lots totaling under an acre.
    (541) 961-6688
    Request Owner's contact information
    11 Carter St Toledo, OR 97391
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Carter St Toledo, OR 97391
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