Property profile

75310 Us-101 Reedsport, OR 97467

OFF-MARKET
Retail properties & Spaces
1,472 SF 0.14 ac lot Built 1964
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Property summary

AI-generated overview

This thriving restaurant, located at 75310 US-101 in Reedsport, Oregon (zip code 97467), presents a unique investment opportunity. The 1,472 square foot building, constructed in 1964 and situated on a 0.14-acre lot, is currently operating at 100% occupancy. Zoned CT, the property boasts a convenient drive-through and ample parking for 10 vehicles. The sale includes all furniture, fixtures, equipment (FF&E), and existing inventory at the asking price of $412,000. Recent updates include new fixtures, finishes, kitchen equipment, and refrigeration systems. Benefitting from excellent Highway 101 exposure and a large, highly visible sign, the restaurant enjoys a strong local customer base and caters to the significant tourism generated by nearby sand dunes and sport fishing areas. This turnkey operation is ideally positioned to capitalize on the Oregon Coast's vibrant recreational economy. While no financial data is available, the property's prime location and established clientele make it an attractive proposition for a buyer seeking a ready-to-operate business. The Douglas County location offers easy access to the coastal highway and surrounding communities.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1964
Total area 1,472 SF
Lot 0.14 ac (6,098 SF)

Cap rate & NOI

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

Location

75310 Us-101 Reedsport, OR 97467
Reedsport metro
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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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