Building Details

Year built 1950

Floors in Building 1

Building materials BoardBattenSiding, WoodSiding

Roof type Composition, Metal

Listing Agency: Beach Loop Realty g***@beachlooprealty.com Show Phone

Listed By: Dawn Holthouser Show Phone

Added: Jul 22 Changed: Oct 10 Last Checked: Oct 10 at 6:06PM

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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 mixed-use property contains 4,082 square feet across a 1,450-square-foot storefront and 2,632 square feet of living space. The storefront is served by a circular drive and 15 dedicated parking spaces. Residential components include an apartment with a loft bedroom, full bath, and stacked washer and dryer, plus an attached two-bedroom, one-bath residence with a great room, vaulted ceilings, and a wood-burning stove. A separate office area provides additional workspace. The property is zoned C-1 and was built in 1950. Recent improvements include water tanks, a pump, a hot tub, and gravel.

The 1.03-acre site has 295 feet of frontage on Highway 101. Bandon Crossing Golf Course is 2 miles south, and Bradley Lake is 1 mile away.

Key Highlights

• 4,082 square feet total: 1,450‑square‑foot storefront and 2,632 square feet of living space
• 1.03‑acre property with 295' of Highway 101 frontage
• C‑1 zoning; 15 dedicated parking spaces and a circular drive

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 (±1% cap)

NOI $43,204 @ 7.0% cap · market cap 6.36%

Second Best

Office B

$541.6K

$473.9K – $631.9K (±1% cap)

NOI $37,914 @ 7.0% cap · market cap 5.58%

Theoretical Best

Office A

$739.0K

$646.6K – $862.1K (±1% cap)

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

Live-work space

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Garden Center Storage Facility Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - A Highway 101 storefront is combined with residential space, an apartment, and a separate office.

Where is this mixed-use property 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 square feet total: 1,450‑square‑foot storefront and 2,632 square feet of living space; 1.03‑acre property with 295' of Highway 101 frontage; C‑1 zoning; 15 dedicated parking spaces and a circular drive