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Mixed-Use Property with Convenience Store
For Sale
$650,000

8833 Old Highway 99, Roseburg, OR 97470

Includes two residences, a post office lease, and an occupied shop.

Property Size3,768 SF
Price / SF$172.51
Days on Market68

Property Features for 8833 Old Highway 99

General Information

Standard status Active
Size 3,768 SF

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Building Details

Year Built 1945
Tenancy Multi
Listing Agency: J Mann Realty
Listed By: Jason Mann · License #201209169
Source: Christiesrealestateevg
Added: Aug 8 Changed: Oct 9 Last Checked: Oct 7 at 2:50PM

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 J Mann Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines a convenience store with two residential units and additional commercial rental space. The store offers hot food and everyday essentials. One residence has three bedrooms and one bathroom and is leased to a long-term occupant. The second residence provides two bedrooms and one bathroom, has been recently updated, and is currently vacant for a new tenant or owner occupancy.

Additional income-producing components include a post office with a long-term lease and a large shop occupied by a tenant. Built in 1945, the property is located at 8833 Old Highway 99 in Roseburg, Oregon.

Key Highlights

  • Convenience store offering hot food and everyday essentials
  • Two residences: one 3‑bedroom, 1‑bath home and one updated 2‑bedroom, 1‑bath home
  • 3‑bedroom residence leased to a long‑term tenant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,651
Cap Rate
7.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,020 $913.0K
Cap Rate 7%
$652,157 $652.2K
Cap Rate 9%
$507,233 $507.2K
Market Conditions
NOI Build-Up for 3,768 SF
Gross rent
$64.2K $17.04/SF
− Vacancy
−$3.3K −$0.89/SF
EGI
$60.9K $16.15/SF
− OpEx
−$15.2K −$4.04/SF
NOI
$45.7K $12.12/SF
Area
Douglas County, OR
Vacancy
5.20%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$913,020
Cap Rate 7%
$652,157
Cap Rate 9%
$507,233

Alternative Uses

Best Use
Specialty Retail
$652.2K
$570.6K – $760.9K (±1% cap)
NOI $45,651 @ 7.0% cap · market cap 7.02%
Second Best
Retail
$640.9K
$560.8K – $747.8K (±1% cap)
NOI $44,866 @ 7.0% cap · market cap 6.90%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick HVAC Service Building Supply Plumbing Service Storage Facility Grocery & Convenience Store Big Box & Wholesale 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 97470, OR

20,160
Population
8,872
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
180.9 sq mi
ZIP Area
111
Density / Sq Mi
$53,875
Median Household Income
$32,461
Median Earnings
$1,037
Median Rent
$246,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Includes two residences, a post office lease, and an occupied shop.
Where is this mixed-use property located?
The property is located at 8833 Old Highway 99 Roseburg, OR.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Convenience store offering hot food and everyday essentials; Two residences: one 3‑bedroom, 1‑bath home and one updated 2‑bedroom, 1‑bath home; 3‑bedroom residence leased to a long‑term tenant
More about this property
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