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Mixed-Use Property with Living Space
For Sale
$425,000

68964 WILDWOOD Rd, North Bend, OR 97459

CommercialSale, NorthBend, OR

Property Size3,228 SF
Lot Size0.58 Acres
Price / SF$131.66
Days on Market145

Property Features for 68964 WILDWOOD Rd

General Information

Property type Commercial Sale
Property subtype Other
Zoning RC
Directions HWY 101 north to Hauser, right on south entrance to Wildwood Rd to address on the left
Subdivision _260
Standard status Active
APN 165004
Size 3,228 SF
Lot size 0.58 Acres

Taxes and HOA fees

Tax Description 24-13-11CB 00600
Tax Annual Amount 1775
Legal Description 24-13-11CB 00600

Utilities

Heating system Forced Air, Baseboard

Building Details

Year built 1936
Listing Agency: Pacific Properties
Listed By: Joel Sweet
Added: May 28 Changed: Oct 18 Last Checked: Oct 19 at 4:06PM
MLS# 798855842

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.

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Investment Insights

Based on property information with market context.

Set on a level 0.58-acre parcel, this mixed-use property includes a commercial building and a separate manufactured home. The commercial building has an open main floor with a walk-in cooler and half bath. Its upper level is finished with a kitchen, full bathroom, bedroom, and living area.

The manufactured home has three bedrooms, two full bathrooms, and an open living and kitchen area with newer appliances. The property is zoned RC (Rural Center) and is near the Oregon Dunes National Recreation Area. Buyers should confirm proposed uses with Coos County Planning.

Key Highlights

  • 0.58‑acre level parcel zoned RC (Rural Center)
  • Commercial building has an open main level, walk‑in cooler, and half bath
  • Finished upper level includes a kitchen, full bathroom, bedroom, and living area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,165
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,300 $683.3K
Cap Rate 7%
$488,071 $488.1K
Cap Rate 9%
$379,611 $379.6K
Market Conditions
NOI Build-Up for 3,228 SF
Gross rent
$54.2K $16.80/SF
− Vacancy
−$5.4K −$1.68/SF
EGI
$48.8K $15.12/SF
− OpEx
−$14.6K −$4.54/SF
NOI
$34.2K $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%
$683,300
Cap Rate 7%
$488,071
Cap Rate 9%
$379,611

Alternative Uses

Best Use
Retail
$488.1K
$427.1K – $569.4K (±1% cap)
NOI $34,165 @ 7.0% cap · market cap 8.04%
Second Best
Mixed Use
$413.6K
$361.9K – $482.6K (±1% cap)
NOI $28,955 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$584.4K
$511.3K – $681.8K (±1% cap)
NOI $40,905 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Catering Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 97459, OR

14,932
Population
6,856
Households
2.2
Avg Household Size
46
Median Age
29%
College-Educated
93%
High-School Grad
109.3 sq mi
ZIP Area
137
Density / Sq Mi
$79,679
Median Household Income
$39,665
Median Earnings
$1,066
Median Rent
$349,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - RC zoning and two improved buildings create a combination of commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 68964 WILDWOOD Rd North Bend, OR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 0.58‑acre level parcel zoned RC (Rural Center); Commercial building has an open main level, walk‑in cooler, and half bath; Finished upper level includes a kitchen, full bathroom, bedroom, and living area
More about this property
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