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Grocery Store with Walk-In Cooler
For Sale
$465,000

19385 Highway 36, Blachly, OR 97412

COMMERCIAL - Blachly, OR

Property Size2,600 SF
Lot Size0.29 Acres
Price / SF$178.85
Days on Market233

Property Features for 19385 Highway 36

General Information

Property type Commercial Sale
Property subtype Retail
Zoning RC
Parking 10
View Territorial, Water
Directions Hwy 99 E to Junction City, West on Hwy 36 approximately 25 miles
Standard status Active
Size 2,600 SF
Lot size 0.29 Acres

Taxes and HOA fees

Tax Annual Amount 2228

Utilities

Heating system Zoned, Ductless (Heating), Electric (Heating), Heat Pump (Heating)
Cooling system Electric, Window Unit(s), Ductless, Heat Pump
Water source Well
Water front 1

Building Details

Year built 2008
Roof type Built-Up
Listing Agency: HOMESMART REALTY GROUP - KEIZER
Listed By: BRIAN MCVAY · License #980100002
Added: Dec 12, 2025 Changed: Jul 30 Last Checked: Aug 2 at 11:06PM
MLS# 835990

Copyright © 2026 Willamette Valley Multiple Listing Service. 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 grocery and deli business location includes retail-ready fixtures and prepared-food infrastructure. The property comes with a walk-in cooler, multiple beverage coolers, a deli case, shelving for goods, an ice cream cooler, and a county-approved kitchen for preparing items such as sandwiches, pizza, and chicken. Heating includes ductless electric systems and heat pump equipment, along with window unit cooling.

The site is 0.29 acres and contains 2,600 square feet, with well water and a built-up roof. Built in 2008, it is zoned RC. It is located across the street from Triangle Lake, and the adjacent old building previously functioned as a restaurant and bar.

For an operator looking for a compact grocery/deli format with on-site cold storage and kitchen capabilities, this property’s existing equipment package is built around day-to-day food and beverage prep and merchandising.

Key Highlights

  • 0.29‑acre grocery/deli site
  • 2,600 square feet
  • Zoned RC

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $52.1k $20.04
− Vacancy −$2.2k −$0.84
EGI $49.9k $19.20
− OpEx −$12.5k −$4.80
NOI $37.4k $14.40
2,600 SF · lease $20.04/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$534.8K
$468.0K – $624.0K (±1% cap)
NOI $37,437 @ 7.0% cap · market cap 8.05%
Second Best
Retail
$476.2K
$416.7K – $555.6K (±1% cap)
NOI $33,333 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$657.8K
$575.6K – $767.4K (±1% cap)
NOI $46,044 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97412, OR

536
Population
289
Households
1.9
Avg Household Size
50
Median Age
31%
College-Educated
99%
High-School Grad
84.5 sq mi
ZIP Area
6
Density / Sq Mi
$71,563
Median Household Income
$46,406
Median Earnings
$1,097
Median Rent
$285,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Grocery and deli site on 0.29 acres zoned RC, built in 2008, with a county-approved kitchen and walk-in cooler.
Where is this grocery and convenience store located?
The property is located at 19385 Highway 36 Blachly, OR.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 0.29‑acre grocery/deli site; 2,600 square feet; Zoned RC
More about this property
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