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Convenience Store with Fuel Service
For Sale
$349,000

54128 Highway 31, Summer Lake, OR 97640

Established rural commercial property combining retail sales, fuel service, propane, a shop, and post office operations.

Property Size1,460 SF
Days on Market681

Property Features for 54128 Highway 31

General Information

Standard status Active
Size 1,460 SF
Total Parking Spaces 6
Property subtype Commercial
Zoning A3

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $1,092

Building Details

Building Size 1,460 SF
Year Built 1970
Buildings 2
Stories 1
Listing Agency: HORSEPOWER REAL ESTATE
Listed By: Jenny Hitner
Source: Metanars
Added: Sep 30, 2024 Changed: Aug 10 Last Checked: Aug 11 at 2:52PM

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 HORSEPOWER REAL ESTATE

Investment Insights

Based on property information with market context.

This rural convenience store property combines several established operating components: a retail store, gas and diesel pumps, propane service, a shop, and a post office. The improvements date to 1970 and are situated on Highway 31 in Summer Lake, Oregon.

The parcel carries A3 zoning. Any additional development or use possibilities should be independently verified through due diligence, including confirmation of applicable zoning requirements and permitted uses.

Key Highlights

  • Convenience store with gas and diesel pumps
  • Propane service, shop, and post office included
  • A3 zoning designation

Property Analytics

Current Use

Grocery and convenience stores

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 97640, OR

104
Population
119
Households
0.9
Avg Household Size
49
Median Age
27%
College-Educated
100%
High-School Grad
364.9 sq mi
ZIP Area
$61,591
Median Household Income
$25,417
Median Earnings
$225,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established rural commercial property combining retail sales, fuel service, propane, a shop, and post office operations.
Where is this grocery and convenience store located?
The property is located at 54128 Highway 31 Summer Lake, OR.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Convenience store with gas and diesel pumps; Propane service, shop, and post office included; A3 zoning designation
More about this property
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