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    415 First St Fossil, OR 97830

    Sponsored
    For Sale
    $429,000

    Spacious commercial building, multiple uses, updated.

    Property size:
    5,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 5,040 square foot commercial property, located at 415 First Street in Fossil, Oregon, presents a unique investment opportunity. Situated on a 0.11-acre lot, this versatile building offers a wealth of possibilities for a variety of businesses. Previously utilized as a restaurant and bar, an ice cream parlor, and other ventures, its adaptable layout allows for seamless transition to suit your specific needs. The current configuration includes well-appointed bathrooms, a sizable banquet room perfect for events or large gatherings, a comfortable dining area, a fully equipped bar area, and a functional kitchen. Large windows flood the dining area with natural light, creating an inviting atmosphere ideal for retail or office space conversion. The building's multiple sections provide ample space for diverse operations, offering flexibility and potential for expansion. Priced at $429,000, this property represents a significant opportunity to establish or relocate your business in a thriving community. The building's history of successful commercial ventures speaks to its prime location and inherent appeal. Don't miss this chance to own a versatile and well-maintained commercial space in the heart of Fossil, Oregon.

    Property Features for 415 First St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,040 SF
    Lot Size
    4,792 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    The Royal Stag Restaurant

    Map

    City
    Fossil
    County
    Wheeler
    State
    Oregon
    Longitude
    -120.2152
    Latitude
    44.99973

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    FAQs

    What type of property is this?
    Commercial real estate - Spacious commercial building, multiple uses, updated.
    Where is this commercial real estate located?
    The property is located at 415 First St Fossil, OR.
    What is the asking price?
    The asking price for this property is $429,000.
    (541) 447-6040
    Request Owner's contact information
    415 First St Fossil, OR 97830
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    Fossil, OR 97830
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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
    415 First St Fossil, OR 97830
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