199 Calapooia St Sutherlin, OR 97479
This exceptional 2,670 square foot commercial property, located at 199 S Calapooia St, Sutherlin, OR 97479, presents a fantastic investment opportunity. Situated on a 0.29-acre lot in Douglas County, this single-story, 1948-built building is zoned C1 and boasts excellent street visibility in a high-traffic area. Currently configured as a massage therapy and plant retail space, the property features large windows, an open floor plan, newer flooring, and a recently replaced roof. Approved plans exist for a 2-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) on the rear of the building, adding significant residential potential. The rear lot also offers additional development possibilities. Located within Sutherlin's C-1 (Downtown Commercial) zoning district and Urban Renewal District, this property offers access to potential development incentives. Furthermore, its location within an Enterprise Zone qualifies for state tax incentives. The asking price is $269,000, translating to $100.75 per square foot. This versatile property is ideal for a variety of businesses and offers a strong potential for rental income or expansion. The thriving local population of 8,956 provides a solid customer base. This is a unique opportunity to own a property combining prime commercial location, residential development potential, and tax incentive eligibility.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.