Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    75310 Us Highway 101 Reedsport, OR 97467

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Oregon Coast eatery, fully equipped, high visibility

    Property size:
    1,472 SF

    Property Features for 75310 Us Highway 101

    General Information

    Property type
    Restaurants
    Square Feet
    1,472 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1964

    We can help!

    Listing Contact
    Joel Sweet
    Joel Sweet

    Listing Agency: Pacific Properties Listing Agent: Joel Sweet

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This thriving restaurant, located at 75310 US-101 in Reedsport, Oregon (zip code 97467), presents a unique investment opportunity. The 1,472 square foot building, constructed in 1964 and situated on a 0.14-acre lot, is currently operating at 100% occupancy. Zoned CT, the property boasts a convenient drive-through and ample parking for 10 vehicles. The sale includes all furniture, fixtures, equipment (FF&E), and existing inventory at the asking price of $412,000. Recent updates include new fixtures, finishes, kitchen equipment, and refrigeration systems. Benefitting from excellent Highway 101 exposure and a large, highly visible sign, the restaurant enjoys a strong local customer base and caters to the significant tourism generated by nearby sand dunes and sport fishing areas. This turnkey operation is ideally positioned to capitalize on the Oregon Coast's vibrant recreational economy. While no financial data is available, the property's prime location and established clientele make it an attractive proposition for a buyer seeking a ready-to-operate business. The Douglas County location offers easy access to the coastal highway and surrounding communities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Real Estate Agency Hair Salon Restaurant Auto Repair Shop Auto Parts Store Storage Facility Discount Store Cafe & Coffee Shop Grocery & Convenience Store Car Rental Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Reedsport
    County
    Douglas
    State
    Oregon
    Longitude
    -124.1748587
    Latitude
    43.6749433

    Nearby Similar for Sale

    • Contact for pricing

      Reedsport Ranch with Equestrian Facilities

      37.35-acre ranch near Reedsport with equestrian and agricultural amenities.
      1960 Ranch Rd, Reedsport, OR 97467
      View Details
    • $399,000
      1,472 SF

      Highway 101 Restaurant - Reedsport, OR

      Turnkey Restaurant, Coastal Oregon Location
      75310 Us Highway 101, Reedsport, OR 97467
      View Details
    • $135,000

      Charming Home in 55+ Community

      Meticulously maintained 2-bedroom home in a vibrant coastal community.
      100 River Bend Rd, Reedsport, OR 97467
      View Details

    FAQs

    What type of property is this?
    Restaurant - Oregon Coast eatery, fully equipped, high visibility
    Where is this restaurant located?
    The property is located at 75310 Us Highway 101 Reedsport, OR.
    What is the asking price?
    The asking price for this property is $412,000.
    What are key features of this property?
    This property features: $412,000 asking price for this 1,472 SF retail restaurant.; Located at 75310 US-101, Reedsport, OR 97467, on a 0.14-acre lot with 10 parking spaces.; 100% occupied, single-tenant restaurant built in 1964, with CT zoning.
    (541) 269-5263 Call to check price and availability
    Request Owner's contact information
    75310 Us Highway 101 Reedsport, OR 97467
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    75310 Us Highway 101
    Reedsport, OR 97467
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    75310 Us Highway 101 Reedsport, OR 97467
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Joel Sweet
    Joel Sweet
    Real Estate License ID: 201214598
    (541) 269-5263 (541) 290-9597 (808) 591-9433
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!