Property summary
This exceptional commercial property, located at 3902 Laneda Avenue in Manzanita, Oregon, presents a rare investment opportunity. The 17,859.6 square foot lot is situated at the southwest corner of Laneda Avenue and Classic Street, offering unparalleled visibility and accessibility. Its C-1 zoning allows for a wide range of commercial development possibilities, making it ideal for entrepreneurs and investors seeking a prime location in a thriving coastal community. The property's proximity to Manzanita's beautiful beaches and vibrant attractions ensures high foot traffic and visibility. The lot's size also presents the potential for subdivision into three separate parcels, further enhancing its development potential. All utilities are conveniently located at the street, simplifying the development process. This property is being offered at $1,199,999. Prospective buyers are advised to conduct their own due diligence with the City of Manzanita to confirm all zoning regulations and development possibilities. Don't miss this chance to acquire a significant piece of Manzanita's commercial landscape. This is a truly unique opportunity to invest in a thriving coastal Oregon town.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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