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    347 Myrtle St Sutherlin, OR 97479

    Sponsored
    For Sale
    $1,599,000

    Sutherlin, OR: Turn-key business opportunity!

    Property size:
    7,396 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Sutherlin, Oregon commercial property boasts 7,396 square feet on a 3.84-acre lot with prime I-5 frontage. Its strategic location offers immediate access to the town's first exit, benefiting from nearby developments such as the new Evergreen Medical Center and workforce housing. The property is fully fenced and includes two substantial RV-height shop buildings, a retail center, and an office building. The first shop building is move-in ready, featuring power doors, 50-amp service, air compressor lines, a bathroom, an office area, and an upper mezzanine for extra storage or workspace. The second shop building provides a blank canvas for customization. The shops and retail center are in excellent condition, while the office building requires some renovations. This turnkey opportunity presents a unique chance to establish or expand a business in a thriving location. The property's size and diverse building types offer significant flexibility for various commercial ventures. Attractive owner financing options are available, making this an even more compelling investment. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes. Don't miss this chance to own a substantial commercial property in a growing Oregon community.

    Property Features for 347 Myrtle St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,396 SF
    Lot Size
    167,270 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Sutherlin
    County
    Douglas
    State
    Oregon
    Longitude
    -123.3361
    Latitude
    43.38929

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    FAQs

    What type of property is this?
    Commercial real estate - Sutherlin, OR: Turn-key business opportunity!
    Where is this commercial real estate located?
    The property is located at 347 Myrtle St Sutherlin, OR.
    What is the asking price?
    The asking price for this property is $1,599,000.
    (503) 877-6000
    Request Owner's contact information
    347 Myrtle St Sutherlin, OR 97479
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    Sutherlin, OR 97479
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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
    347 Myrtle St Sutherlin, OR 97479
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