Live-Work Space with
For Sale
$679,000
49045 HIGHWAY 101, Bandon, OR 97411
CommercialSale, Bandon, OR
Property Size4,082 SF
Lot Size1.03 Acres
Price / SF$166.34
Days on Market80
Property Features for 49045 HIGHWAY 101
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
View
Territorial
Directions
Southeast corner of Hwy 101 and Beach Loop Rd.
Subdivision
_260
Standard status
Active
APN
1217400
Size
4,082 SF
Lot size
1.03 Acres
Taxes and HOA fees
Tax Description
29-14-18 TL 01200
Tax Annual Amount
4125
Legal Description
29-14-18 TL 01200
Utilities
Heating system
Wood Stove, Wood, Zoned
Amenities
circular drive
hot tub
stacked washer/dryer
vaulted ceilings
wood-burning stove
Building Details
Year built
1950
Floors in Building
1
Building materials
BoardBattenSiding, WoodSiding
Roof type
Composition, Metal
Listing Agency:
Beach Loop Realty
(541) 347-1800
Listed By:
Dawn Holthouser
(541) 297-0710
Added: Jul 22
Changed: Sep 28
Last Checked: Oct 9 at 9:06AM
MLS# 568506369
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.
This 4,082-square-foot live-work property combines a 1,450-square-foot storefront with 2,632 square feet of living space. The commercial area is complemented by an office, while the residence includes two bedrooms, one bathroom, a great room with vaulted ceilings, and a wood-burning stove. A separate apartment adds a loft bedroom, full bath, stacked washer/dryer, and private living area or second bedroom.
Set on approximately 1.03 acres with 295 feet of frontage along Highway 101, the property provides circular-drive access and 15 dedicated parking spaces, with additional room available. C-1 zoning supports the stated commercial classification. Recent improvements include water tanks, a pump, a hot tub, and gravel. The property was built in 1950 and is located 2 miles north of Bandon Crossing Golf Course and 1 mile from Bradley Lake.
Set on approximately 1.03 acres with 295 feet of frontage along Highway 101, the property provides circular-drive access and 15 dedicated parking spaces, with additional room available. C-1 zoning supports the stated commercial classification. Recent improvements include water tanks, a pump, a hot tub, and gravel. The property was built in 1950 and is located 2 miles north of Bandon Crossing Golf Course and 1 mile from Bradley Lake.
Key Highlights
- 4,082 SF total, including 1,450 SF of storefront and 2,632 SF of living space
- Approximately 1.03 acres with 295 feet of Highway 101 frontage
- 15 dedicated parking spaces with circular‑drive access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,204
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,080
$864.1K
Cap Rate 7%
$617,200
$617.2K
Cap Rate 9%
$480,044
$480.0K
Market Conditions
NOI Build-Up for 4,082 SF
Gross rent
$68.6K $16.80/SF
− Vacancy
−$6.9K −$1.68/SF
EGI
$61.7K $15.12/SF
− OpEx
−$18.5K −$4.54/SF
NOI
$43.2K $10.58/SF
Area
Coos County, OR
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$864,080
Cap Rate 7%
$617,200
Cap Rate 9%
$480,044
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 97411, OR
7,572
Population
4,396
Households
1.7
Avg Household Size
59
Median Age
27%
College-Educated
95%
High-School Grad
128.6 sq mi
ZIP Area
59
Density / Sq Mi
$48,476
Median Household Income
$27,375
Median Earnings
$920
Median Rent
$425,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Live-work space - Updated commercial property combines customer-facing space, on-site living quarters, parking, and highway access.
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: 4,082 SF total, including 1,450 SF of storefront and 2,632 SF of living space; Approximately 1.03 acres with 295 feet of Highway 101 frontage; 15 dedicated parking spaces with circular‑drive access
