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19385 Highway 36, Blachly, OR, 97412
Grocery and Deli Store Opportunity

19385 Highway 36 Blachly, OR 97412

For Sale
$465,000

For sale grocery and deli space with walk-in cooler, beverage coolers, deli case, and a county-approved kitchen.

Days on Market308

Property Features for 19385 Highway 36

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2008
Listing Agency: HomeSmart Realty Group
Listed By: Brian McVay · License #980100002
Source: Allprofessionalsre
Added: Sep 26, 2025 Changed: Jul 26 Last Checked: Jul 29 at 1:30PM

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 HomeSmart Realty Group

Investment Insights

Based on property information with market context.

This for-sale grocery and deli business opportunity includes key foodservice improvements and in-place retail equipment. The property comes with a walk-in cooler, multiple beverage coolers, a deli case, shelving for goods, and an ice cream cooler. A county-approved kitchen is included for preparing items such as sandwiches, pizza, and chicken.

The location is across the street from Triangle Lake. Lake access is granted via a license to use.

An older building next to the store previously operated as a restaurant and bar for decades, but has been out of operation for a long time. The purchase includes the existing store setup intended to support ongoing grocery and deli operations.

Key Highlights

  • Grocery/deli space with walk‑in cooler, multiple beverage coolers, and deli case
  • Includes a county‑approved kitchen for preparing sandwiches, pizza, and chicken
  • Turnkey start‑up included: shelves for goods, ice cream cooler, and deli/cold storage equipment

Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $52.1k $20.04
− Vacancy −$2.2k −$0.84
EGI $49.9k $19.20
− OpEx −$12.5k −$4.80
NOI $37.4k $14.40
2,600 SF · lease $20.04/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$534.8K
$468.0K – $624.0K (±1% cap)
NOI $37,437 @ 7.0% cap · market cap 8.05%
Second Best
Retail
$476.2K
$416.7K – $555.6K (±1% cap)
NOI $33,333 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$657.8K
$575.6K – $767.4K (±1% cap)
NOI $46,044 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store Food Market

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - For sale grocery and deli space with walk-in cooler, beverage coolers, deli case, and a county-approved kitchen.
Where is this grocery and convenience store located?
The property is located at 19385 Highway 36 Blachly, OR.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Grocery/deli space with walk‑in cooler, multiple beverage coolers, and deli case; Includes a county‑approved kitchen for preparing sandwiches, pizza, and chicken; Turnkey start‑up included: shelves for goods, ice cream cooler, and deli/cold storage equipment
More about this property
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