815 Main Ave Tillamook, OR 97141
For Sale
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This exceptional 9,968 square foot commercial property located at 815 MAIN Ave Unit 815, Tillamook, OR, presents a unique investment opportunity. Currently operating as the highly successful Red Apple Inn and Cafe, this meticulously maintained establishment boasts 22 well-appointed guest rooms, each complete with appliances and furniture. The property includes 19 on-site parking spaces, supplemented by ample street parking. A spacious office/check-in counter, designated laundry room, and abundant storage areas are key features. The property also offers a significant advantage with a private, one-bedroom master suite for owner occupancy, and a separate one-bedroom apartment with a sunroom located behind the office. Situated in downtown Tillamook, this property enjoys a prime location within walking distance of shops, businesses, and other amenities. The 0.34-acre lot offers considerable flexibility, with potential uses including apartments, offices, or transitional housing. The asking price for this turnkey operation is $3,500,000. This presents an amazing opportunity for a diverse range of investors and entrepreneurs seeking a profitable and established business in a desirable location. The property's current configuration and location offer significant potential for future growth and adaptation to various commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
TM-C-C · Tillamook, ORTillamook. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.