Retail Business with
For Sale
$125,000
1308 BAY St, Florence, OR 97439
CommercialSale, Florence, OR
Property Size600 SF
Price / SF$208.33
Days on Market81
Property Features for 1308 BAY St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
OTDA
View
City
Directions
Hwy 101, to Bay St, Building on South side of the street
Subdivision
_228
Standard status
Active
APN
0802775
Size
600 SF
Taxes and HOA fees
Tax Description
18-12-34-11-12600
Legal Description
18-12-34-11-12600
Building Details
Year built
1920
Floors in Building
1
Building materials
Frame
Roof type
Flat, Rubber
Listing Agency:
TR Hunter Real Estate
(541) 997-1200
Listed By:
Timothy Sapp · License #911200216
(541) 999-8230
Added: Jul 22
Changed: Sep 28
Last Checked: Oct 10 at 10:06AM
MLS# 767741951
Copyright © 2026 Regional Multiple Listing Services. 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.
The Jolly Egret is offered as a retail business opportunity rather than a sale of the underlying building. The transaction includes the business inventory and fixtures associated with the operation. The approximately 600-square-foot space includes a retail area, private office, storage area, and bathroom, providing a compact layout for customer service and back-of-house functions.
The business is located at 1308 Bay St in Florence, Oregon, within the Old Town area. The property record identifies OTDA zoning, frame construction, a 1920 build year, and a flat rubber roof. The offering is limited to the business and inventory; the building is excluded.
The business is located at 1308 Bay St in Florence, Oregon, within the Old Town area. The property record identifies OTDA zoning, frame construction, a 1920 build year, and a flat rubber roof. The offering is limited to the business and inventory; the building is excluded.
Key Highlights
- Business and inventory included; underlying building excluded
- Approximately 600 square feet of retail space
- 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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
11k
Monthly Visits Nearby
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Established retail operation with inventory, private office, storage, and restroom within a storefront setting.
Where is this retail space 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 and inventory included; underlying building excluded; Approximately 600 square feet of retail space; Private office, storage area, and bathroom
