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    OFF-MARKET
    Retail properties & Spaces

    1625 Oregon Coast Hwy, Reedsport, OR 97467

    2,204 SF 0.27 ac lot
    Property ID
    Property summary
    AI-generated overview

    This vacant, 2,204 square foot retail property, situated on a 0.27-acre lot at 1625 Oregon Coast Hwy in Reedsport, Oregon (zip code 97467), presents a unique investment opportunity. Currently configured as a convenience store, gas station, and QSR/fast food establishment, this high-visibility location boasts excellent frontage on Highway 101, ensuring significant traffic exposure. The property includes a fuel island and canopy, along with a convenience store featuring a built-in kitchen. The asking price is $250,000. While the property is being sold as-is, potential buyers should be aware that the building requires a new roof and has existing water damage. This presents a chance for significant renovation and potential increase in value. The property's strategic location directly in front of Les Schwab Tire Center further enhances its appeal and potential for attracting customers. This is an ideal opportunity for an investor seeking a high-traffic retail space with significant redevelopment potential in a desirable Oregon coastal location. The property is currently vacant, allowing for immediate customization and tenant selection.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 2,204 SF
    Lot 0.27 ac (11,761 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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