Turnkey Retail Business
For Sale
$125,000
1308 Bay St, Florence, OR 97439
Turnkey business sale includes fixtures and retail, with a private office, storage area, and bathroom.
Property Size600 SF
Price / SF$208.33
Days on Market100
Property Features for 1308 Bay St
General Information
Standard status
Active
Size
600 SF
Additional Details
Business Included
Yes
Amenities
private office
storage area
bathroom
Building Details
Year Built
1920
Listing Agency:
TR Hunter Real Estate
Listed By:
Timothy Sapp · License #911200216
(541) 999-8230
Source:
Evokepropertypartners
Added: Jul 25
Changed: Oct 26
Last Checked: Oct 7 at 4:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TR Hunter Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail business is being offered as a turnkey operation and sale includes the fixtures and retail inventory. The interior layout includes a welcoming retail space plus a private office, a convenient storage area, and a bathroom, designed to support day-to-day operations.
The business is described as located on the main strip of Old Town with visibility and storefront appeal in an area that receives tourist traffic and supports local favorites.
The sale does not include the building; it is for the business and inventory only.
The business is described as located on the main strip of Old Town with visibility and storefront appeal in an area that receives tourist traffic and supports local favorites.
The sale does not include the building; it is for the business and inventory only.
Key Highlights
- Business for sale only (does not include the building), with inventory included
- Storefront business in Old Town Florence on the main strip
- Retail space plus private office, storage area, and bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,692
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,840
$153.8K
Cap Rate 7%
$109,886
$109.9K
Cap Rate 9%
$85,467
$85.5K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$11.9K $19.80/SF
− Vacancy
−$891 −$1.49/SF
EGI
$11.0K $18.32/SF
− OpEx
−$3.3K −$5.49/SF
NOI
$7.7K $12.82/SF
Area
Lane County, OR
Vacancy
7.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,840
Cap Rate 7%
$109,886
Cap Rate 9%
$85,467
Alternative Uses
Best Use
Retail
$109.9K
$96.2K – $128.2K
NOI $7,692 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$151.8K
$132.8K – $177.1K
NOI $10,625 @ 7.0% cap · market cap 8.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
11k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 17%
Hotels & Casinos 15%
The Human Bean
Dining
3,985 visits/mo
0.4 miles
Umpqua Bank
Shops & Services
1,921 visits/mo
0.3 miles
Homegrown
Dining
1,848 visits/mo
0.2 miles
Los Amigos
Dining
1,554 visits/mo
0.4 miles
Best Western Pier Point Inn
Hotels & Casinos
1,343 visits/mo
0.4 miles
Demographics for 97439, OR
15,634
Population
9,056
Households
1.7
Avg Household Size
62
Median Age
27%
College-Educated
92%
High-School Grad
168.3 sq mi
ZIP Area
93
Density / Sq Mi
$58,576
Median Household Income
$36,146
Median Earnings
$1,164
Median Rent
$364,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Truck Full of Posies — #0, Florence, OR 97439
Frequently Asked Questions
What type of property is this?
Storefront property - Turnkey business sale includes fixtures and retail, with a private office, storage area, and bathroom.
Where is this storefront property located?
The property is located at 1308 Bay St Florence, OR.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Business for sale only (does not include the building), with inventory included; Storefront business in Old Town Florence on the main strip; Retail space plus private office, storage area, and bathroom
