1625 Oregon Coast Hwy, Reedsport, OR 97467
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.