Live-Work Retail and
49045 Highway 101 Bandon, OR 97411
For Sale
$679,000
Updated live-work property includes storefront and separate living space with highway frontage and dedicated parking.
Days on Market8
Property Features for 49045 Highway 101
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1950
Listing Agency:
Beach Loop Realty
(541) 297-0710
Listed By:
Dawn Holthouser
(541) 297-0710
Source:
Allprofessionalsre
Added: Jul 22
Changed: Jul 25
Last Checked: Jul 28 at 4:55PM
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 Beach Loop Realty
Investment Insights
Based on property information with market context.
This updated live-work property offers a total of 4,082 SF, including 1,450 SF of versatile storefront space and 2,632 SF of living space. The residence includes two bedrooms, one full bath, a great room with vaulted ceilings, and a wood-burning stove, with an added loft bedroom and stacked washer/dryer. An additional office space is also included, supporting client meetings or daily operations. The property has recent upgrades including new water tanks and pump, a hot tub, and gravel.
Located at 49045 Highway 101 in Bandon, the site offers approximately 295 feet of highway frontage. Access is provided via a circular drive with 15 dedicated parking spaces, with room for additional parking.
The storefront portion is suited for a range of business uses and provides direct connection to the highway setting, while the attached living configuration supports on-site occupancy.
Located at 49045 Highway 101 in Bandon, the site offers approximately 295 feet of highway frontage. Access is provided via a circular drive with 15 dedicated parking spaces, with room for additional parking.
The storefront portion is suited for a range of business uses and provides direct connection to the highway setting, while the attached living configuration supports on-site occupancy.
Key Highlights
- Updated live/work property with 4,082 SF total: 1,450 SF storefront and 2,632 SF living space
- Approximately 1.03 acres with 295' of Hwy 101 frontage
- 15 dedicated parking spaces and easy in/out access via a circular drive
Financial Insights For 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 | $68.6k | $16.80 |
| − Vacancy | −$6.9k | −$1.68 |
| EGI | $61.7k | $15.12 |
| − OpEx | −$18.5k | −$4.54 |
| NOI | $43.2k | $10.58 |
4,082 SF · lease $16.80/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$617.2K
$540.1K – $720.1K
NOI $43,204 @ 7.0% cap · market cap 6.36%
Second Best
Office B
$541.6K
$473.9K – $631.9K
NOI $37,914 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$739.0K
$646.6K – $862.1K
NOI $51,727 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Live-work space - Updated live-work property includes storefront and separate living space with highway frontage and dedicated parking.
Where is this live-work space located?
The property is located at 49045 Highway 101 Bandon, OR.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Updated live/work property with 4,082 SF total: 1,450 SF storefront and 2,632 SF living space; Approximately 1.03 acres with 295' of Hwy 101 frontage; 15 dedicated parking spaces and easy in/out access via a circular drive
