Property profile

3400 Oregon Coast Hwy Depoe Bay, OR 97341

OFF-MARKET
Retail properties & Spaces
0.23 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, located at 3400 Oregon Coast Highway in Depoe Bay, Oregon (zip code 97341), presents a unique investment opportunity. The property encompasses 0.23 acres and is zoned C-1 Commercial, allowing for a wide range of uses. The listing includes four parcels, offering significant development potential. Permitted uses include multi-family dwellings, condominiums, retail stores or shops, restaurants, bars, and taverns. The property boasts prime highway frontage on Highway 101, providing excellent visibility and accessibility. Its location in the heart of downtown Depoe Bay offers unparalleled exposure to a thriving tourist destination known for its stunning ocean views and whale watching opportunities. The property's proximity to other established businesses creates a synergistic environment for growth and expansion. This is a chance to capitalize on the vibrant Depoe Bay market and create a thriving commercial venture with breathtaking ocean views. The Lincoln County location and the multiple parcels provide flexibility for various development scenarios. This is an exceptional opportunity to own a piece of the Oregon Coast's commercial landscape. Additional adjacent parcels (MLS #24-791) are available for purchase, expanding the total land area to six lots. The asking price for this remarkable property is $625,000. APN: 091105cd-3301-00 : 091105cd-3400-00.

Property profile

Verified
Property type Retail properties & Spaces
Lot 0.23 ac (10,019 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3400 Oregon Coast Hwy Depoe Bay, OR 97341
Depoe Bay metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3400 Oregon Coast Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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