Mixed-Use Store with
For Sale
$410,000
Pending
7550 Logsden Road, Logsden, OR 97357
Commercial Sale, Logsden, OR
Property Size3,557 SF
Lot Size0.50 Acres
Days on Market918
Property Features for 7550 Logsden Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2 General Commercial
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bathroom 1
Parking
10
Parking features
RV, Open
Security features
Security System
Window features
Double Pane Windows, Vinyl Frames
Fencing
Barbed Wire
Appliances
Dishwasher, Microwave, Electric Oven, Electric Range, Water Heater, Refrigerator, Dishwasher, Microwave, Electric Oven, Electric Range, Water Heater, Refrigerator
Lot features
Level
View
River
Directions
From Newport east on Hwy 20, left on Why 229 through Siletz to east on Logsden Rd approx. 7.2 miles to property on the right.
Standard status
Pending
APN
09093300-901-00
Size
3,557 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
3014
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Water source
Well
Water front
1
Amenities
riverfront
landscaping
washer/dryer hook up
Building Details
Year built
1968
Floors in Building
2
Flooring type
Wood, Vinyl
Building materials
Block, Concrete, Stucco, Cedar
Roof type
Metal
Listing Agency:
Emerald Coast Realty - Depoe Bay
(541) 283-3592
Listed By:
Anita Quilici · License #200004027
(541) 992-5195
Added: Apr 6, 2024
Changed: Oct 8
Last Checked: Oct 10 at 12:06PM
MLS# LC-100818
Copyright © 2026 Oregon Coast MLS. 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 3,557-square-foot mixed-use property combines a grocery and convenience store, gas station, post office, and deli with a two-bedroom, one-bathroom apartment at the rear. The building dates to 1968 and has open parking. The commercial parcel encompasses 0.5 acre, with an additional 1.32-acre riverfront parcel included, for 1.82 acres combined.
The property is zoned C-2 General Commercial. Water is available, with a well water source and septic system. The apartment includes washer and dryer hookups.
The property is zoned C-2 General Commercial. Water is available, with a well water source and septic system. The apartment includes washer and dryer hookups.
Key Highlights
- 3,557‑square‑foot mixed‑use building with grocery, gas station, post office, and deli
- Two‑bedroom, one‑bathroom apartment with washer and dryer hookups
- 0.5‑acre commercial parcel plus an additional 1.32‑acre riverfront parcel; 1.82 acres total
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,994
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,880
$739.9K
Cap Rate 7%
$528,486
$528.5K
Cap Rate 9%
$411,044
$411.0K
Market Conditions
NOI Build-Up for 3,557 SF
Gross rent
$51.2K $14.40/SF
− Vacancy
−$1.9K −$0.53/SF
EGI
$49.3K $13.87/SF
− OpEx
−$12.3K −$3.47/SF
NOI
$37.0K $10.40/SF
Area
Lincoln County, OR
Vacancy
3.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,880
Cap Rate 7%
$528,486
Cap Rate 9%
$411,044
Alternative Uses
Best Use
Retail
$618.4K
$541.1K – $721.5K
NOI $43,290 @ 7.0% cap · market cap 10.56%
Second Best
Specialty Retail
$528.5K
$462.4K – $616.6K
NOI $36,994 @ 7.0% cap · market cap 9.02%
Theoretical Best
Office A
$927.8K
$811.8K – $1.08M
NOI $64,945 @ 7.0% cap · market cap 15.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 97357, OR
307
Population
107
Households
2.9
Avg Household Size
58
Median Age
2%
College-Educated
100%
High-School Grad
19.0 sq mi
ZIP Area
16
Density / Sq Mi
$26,146
Median Earnings
$445,300
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Grocery, fuel, postal, and deli services share the property with a two-bedroom apartment.
Where is this mixed-use property located?
The property is located at 7550 Logsden Road Logsden, OR.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 3,557‑square‑foot mixed‑use building with grocery, gas station, post office, and deli; Two‑bedroom, one‑bathroom apartment with washer and dryer hookups; 0.5‑acre commercial parcel plus an additional 1.32‑acre riverfront parcel; 1.82 acres total
