Renovated Restaurant and Office
20756 Highway 62 Shady Cove, OR 97539
20756 Highway 62, Shady Cove, OR, 97539
$250,000
For Sale
$250,000
Nearly 1,600 sq. ft. renovated building with a fully equipped commercial kitchen, office space, bathroom, and abundant parking.
Property Size1,600 SF
Lot Size0.83 Acres
Price / SF$156.25
Days on Market297
Property Features for 20756 Highway 62
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Lot size
- 0.83 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1991
Listing agency
Windermere Trails End R.E.
(541) 414-4074
Listed by
Michael W Coble · License #201217701
(541) 414-4074
Source
Allprofessionalsre
Added: Sep 30, 2025 Updated: Jul 22 at 11:40AM Checked: Jul 22 at 11:40AM
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 Windermere Trails End R.E.
Investment Insights
Based on property information with market context.
This nearly 1,600 sq. ft. renovated building is configured to support both office use and food service, with a fully equipped commercial kitchen and bathroom, plus flexible office space. The property sits on a large .83-acre lot with abundant parking to accommodate customer and staff needs.
The building is located on a high-traffic stretch with highway visibility. Public remarks note current approved uses that include a restaurant and an outdoor recreation business, and the site is identified as GC zoning; interested parties should confirm additional options with the City of Shady Cove. Appointments are required to view the property.
The building is located on a high-traffic stretch with highway visibility. Public remarks note current approved uses that include a restaurant and an outdoor recreation business, and the site is identified as GC zoning; interested parties should confirm additional options with the City of Shady Cove. Appointments are required to view the property.
Key Highlights
- Nearly 1,600 sq. ft. renovated commercial building built in 1991
- Fully equipped commercial kitchen plus office and bathroom
- 0.83‑acre lot with abundant parking
Local Financial Insights For Office B
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 | $30.7k | $19.20 |
| − Vacancy | −$4.6k | −$2.88 |
| EGI | $26.1k | $16.32 |
| − OpEx | −$6.5k | −$4.08 |
| NOI | $19.6k | $12.24 |
1,600 SF · lease $19.20/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$337.8K
$295.5K – $394.1K
NOI $23,643 @ 7.0% cap · market cap 9.46%
Second Best
Office B
$279.8K
$244.8K – $326.4K
NOI $19,584 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$386.2K
$337.9K – $450.6K
NOI $27,034 @ 7.0% cap · market cap 10.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial kitchens
FAQs
What type of property is this?
Commercial kitchen - Nearly 1,600 sq. ft. renovated building with a fully equipped commercial kitchen, office space, bathroom, and abundant parking.
Where is this commercial kitchen located?
The property is located at 20756 Highway 62 Shady Cove, OR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Nearly 1,600 sq. ft. renovated commercial building built in 1991; Fully equipped commercial kitchen plus office and bathroom; 0.83‑acre lot with abundant parking
