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    501 Douglas Blvd Winston, OR 97496

    Sponsored
    For Sale
    $479,000

    High-traffic retail space, multiple buildings

    Property size:
    3,787 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property at 501 NW Douglas Blvd in Winston, Oregon, presents a unique investment opportunity. The property boasts a total of 3,787 square feet of retail space, ideally suited for a convenience store, grocery store, or storefront business. The asking price is $479,000, translating to $126.49 per square foot. Built in 1950, the property comprises three single-story buildings situated on a 0.47-acre lot (two separate parcels) and is zoned CG. A significant advantage is the over 300 feet of highway/road frontage, ensuring high visibility and traffic count. The property includes an attached apartment, a fixer-upper house, and a shop, adding to its versatility and potential rental income streams. Solar panels are already installed, offering energy savings. Ample onsite parking is available with 10+ spaces. This property offers significant potential for a new business venture or as a lucrative rental investment. With some renovations, this property can be restored to its full potential, generating substantial returns. The location in Winston, Douglas County, Oregon (zip code 97496) provides excellent access and visibility. This is a rare opportunity to acquire a multi-faceted commercial property with significant upside.

    Property Features for 501 Douglas Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,787 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1950
    Buildings
    3
    Stories
    1

    HighLights

    • 3,787 SF of retail space ideal for convenience, grocery, or storefront use.
    • $479,000 asking price ($126.49/SF).
    • Three single‑story buildings on a 0.47‑acre lot (two parcels), zoned CG, built in 1950.
    • Over 300 feet of highway/road frontage.
    • Includes attached apartment, fixer‑upper house, and shop.
    • Solar panels installed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Winston
    County
    Douglas
    State
    Oregon
    Longitude
    -123.4213183
    Latitude
    43.1200465

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, multiple buildings
    Where is this individual retail property located?
    The property is located at 501 Douglas Blvd Winston, OR.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: 3,787 SF of retail space ideal for convenience, grocery, or storefront use.; $479,000 asking price ($126.49/SF).; Three single-story buildings on a 0.47-acre lot (two parcels), zoned CG, built in 1950.
    Request Owner's contact information
    501 Douglas Blvd Winston, OR 97496
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    Winston, OR 97496
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    Realmo Value Estimation

    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.

    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.

    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
    501 Douglas Blvd Winston, OR 97496
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