Highway Frontage Retail-Office
805 HWY 101 Bandon, OR 97411
805 HWY 101, Bandon, OR, 97411
Contact for pricing
For Sale
Contact for pricing
Retail showroom/office layout with picture windows, dual entries, and on-site parking on a C-2 commercial corner site.
Property Size2,846 SF
Lot Size0.33 Acres
Price / SF$244.20
Days on Market90
Property Features for 805 HWY 101
General Information
- Standard status
- Active
- Size
- 2,846 SF
- Lot size
- 0.33 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1988
Listing agency
EXP Realty
(541) 297-7071
Listed by
Virgil Llewellyn · License #200107003
Source
Crexi
Added: Apr 23 Updated: Jul 20 at 8:42PM Checked: Jul 20 at 8:42PM
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 EXP Realty
Investment Insights
Based on property information with market context.
Offered for sale, this commercial building sits on a corner parcel with approximately 160 feet of maximum exposure Highway 101 frontage. The 2,800+ square foot interior is designed around a large open floor area suitable for retail, showroom, or service use, complemented by 3–4 private offices, a generous reception area, break room space, a functional utility room, and dual bathrooms.
Two main entrances support flexible business layouts. Expansive picture windows bring natural light into the space, and ample on-site parking is available for customers and staff, along with rear carport parking and man-door accessibility.
Zoned C-2 Commercial, the property is positioned to accommodate a broad range of potential uses, making it well-suited for professional services, retail concepts, or an owner-user investment. The offering is described as located in the heart of Bandon’s main commercial corridor and near major shopping amenities, with Old Town Bandon up the hill.
Two main entrances support flexible business layouts. Expansive picture windows bring natural light into the space, and ample on-site parking is available for customers and staff, along with rear carport parking and man-door accessibility.
Zoned C-2 Commercial, the property is positioned to accommodate a broad range of potential uses, making it well-suited for professional services, retail concepts, or an owner-user investment. The offering is described as located in the heart of Bandon’s main commercial corridor and near major shopping amenities, with Old Town Bandon up the hill.
Key Highlights
- Prominent .33‑acre corner lot on Highway 101 with approx. 160 feet of maximum exposure frontage in Bandon
- 2,800+ SF building built in 1988 with a large open floor area for retail, showroom, or service use
- Includes 3–4 private offices plus reception, break room, utility room, and dual bathrooms
Local 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 | $47.8k | $16.80 |
| − Vacancy | −$4.8k | −$1.68 |
| EGI | $43.0k | $15.12 |
| − OpEx | −$12.9k | −$4.54 |
| NOI | $30.1k | $10.58 |
2,846 SF · lease $16.80/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$430.3K
$376.5K – $502.0K
NOI $30,122 @ 7.0% cap · market cap 4.33%
Second Best
Office B
$377.6K
$330.4K – $440.6K
NOI $26,434 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$515.2K
$450.8K – $601.1K
NOI $36,065 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail showroom/office layout with picture windows, dual entries, and on-site parking on a C-2 commercial corner site.
Where is this retail space located?
The property is located at 805 HWY 101 Bandon, OR.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Prominent .33‑acre corner lot on Highway 101 with approx. 160 feet of maximum exposure frontage in Bandon; 2,800+ SF building built in 1988 with a large open floor area for retail, showroom, or service use; Includes 3–4 private offices plus reception, break room, utility room, and dual bathrooms
