Property profile

1625 Oregon Coast Hwy Reedsport, OR 97467

OFF-MARKET
Retail properties & Spaces
2,204 SF 0.27 ac lot
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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

Location

1625 Oregon Coast Hwy Reedsport, OR 97467
Reedsport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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