High-Exposure Corner Retail
805 Oregon Ave Se Bandon, OR 97411
For Sale
$725,000
Corner commercial building with a large open area, multiple private offices, and extensive highway frontage in a C-2 zone.
Property Size2,800 SF
Lot Size0.33 Acres
Price / SF$258.93
Days on Market175
Property Features for 805 Oregon Ave Se
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Lot size
- 0.33 Acres
Listing Agency:
eXp Realty, LLC
(541) 297-7071
Listed By:
Virgil Llewellyn · License #200107003
(541) 297-7071
Source:
Exprealty
Added: Jan 29
Changed: Jul 23
Last Checked: Jul 23 at 4:21PM
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, LLC
Investment Insights
Based on property information with market context.
This corner commercial building at 805 Highway 101 offers approximately 2,800+ square feet of flexible interior space. The layout includes a huge open floor area suited for retail, showroom, or service use, plus 3–4 private offices, a generous reception area, break room space, a functional utility room, and dual bathrooms. Expansive picture windows bring in natural light, and two main entrances support a variety of business arrangements. Rear carport parking and man-door accessibility are also included.
The property sits on a prominent 0.33-acre parcel with approximately 160 feet of maximum exposure Highway 101 frontage, positioned in the main commercial corridor of Bandon, Oregon. Ample on-site parking is available for both customers and staff.
Zoned C-2 Commercial, the site allows for a broad range of potential uses, making it a practical option for professional services, retail ventures, or an owner-user purchase.
The property sits on a prominent 0.33-acre parcel with approximately 160 feet of maximum exposure Highway 101 frontage, positioned in the main commercial corridor of Bandon, Oregon. Ample on-site parking is available for both customers and staff.
Zoned C-2 Commercial, the site allows for a broad range of potential uses, making it a practical option for professional services, retail ventures, or an owner-user purchase.
Key Highlights
- 0.33‑acre corner commercial parcel with approx. 160 ft maximum exposure Hwy 101 frontage
- 2,800+ SF building with huge open floor area for retail, showroom, or service use
- Includes 3–4 private offices, generous reception area, break room, functional utility room, and dual bathrooms
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 | $47.0k | $16.80 |
| − Vacancy | −$4.7k | −$1.68 |
| EGI | $42.3k | $15.12 |
| − OpEx | −$12.7k | −$4.54 |
| NOI | $29.6k | $10.58 |
2,800 SF · lease $16.80/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$423.4K
$370.4K – $493.9K
NOI $29,635 @ 7.0% cap · market cap 4.09%
Second Best
Office B
$371.5K
$325.1K – $433.4K
NOI $26,006 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$506.9K
$443.5K – $591.4K
NOI $35,482 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Corner commercial building with a large open area, multiple private offices, and extensive highway frontage in a C-2 zone.
Where is this retail space located?
The property is located at 805 Oregon Ave Se Bandon, OR.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 0.33‑acre corner commercial parcel with approx. 160 ft maximum exposure Hwy 101 frontage; 2,800+ SF building with huge open floor area for retail, showroom, or service use; Includes 3–4 private offices, generous reception area, break room, functional utility room, and dual bathrooms
