Property profile

25903 Or-126 Veneta, OR 97487

OFF-MARKET
Retail properties & Spaces
3,224 SF 1.28 ac lot Built 1961
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Property summary

AI-generated overview

This 1.28-acre property in Veneta, Oregon, presents a unique redevelopment opportunity. Currently housing a 3,224 square foot restaurant operating at 100% occupancy, the site boasts excellent Highway 126 frontage and is zoned Rural Commercial, allowing for diverse uses. The existing building, constructed in 1961, includes two kitchens, ample storage, and restaurant equipment, all of which will transfer with the sale. The property also features an established Oregon State Lottery location. The $975,000 asking price translates to $17.48 per square foot of land value. This Class D property offers significant potential for redevelopment into a gas station, market, RV/boat storage, or other commercial ventures. The property's long history as a successful cafe, combined with its prime location and flexible zoning, makes it an attractive investment. The APN is 0503126. This is a single-story building on a 1.28-acre lot in Lane County, Oregon, with the address 25903 OR-126, zip code 97487.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1961
Total area 3,224 SF
Lot 1.28 ac (55,757 SF)

Cap rate & NOI

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

Location

25903 Or-126 Veneta, OR 97487
Veneta metro
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Value estimations

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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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