100 40 St South Beach, OR 97366
- Specialty properties
Current Use by Public Records
- Specialty properties
Property Details for 100 40 St
- Property type
- Specialty properties
Description
This exceptional 87,991.2 square foot property, located at 100 SE 40th Street in South Beach, Oregon, presents a rare investment opportunity. Priced at $895,000, this approximately 2.02-acre lot is zoned Industrial (I-P), offering significant potential for diverse uses. Its prime location in a rapidly developing area of South Beach provides easy access to Oregon Coast Community College and other established businesses. The property boasts an existing 2,400 square foot (60' x 40') four-bay shop, ready for immediate use or customization. Essential utilities, including power, water, and sewer, are conveniently located on-site. The I-P zoning allows for a variety of uses, including storage units and additional shop space, making this a highly versatile investment. Given the limited availability of land suitable for storage units in South Beach, this property represents a unique chance to capitalize on a growing market. The flat terrain simplifies development and construction, further enhancing its appeal. This is a truly exceptional opportunity to acquire a substantial industrial property in a thriving coastal Oregon community. The property's size, existing infrastructure, and strategic location combine to create a compelling investment prospect with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Beach
- County
- Lincoln
- State
- Oregon
- Longitude
- -124.051
- Latitude
- 44.6068
