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    OFF-MARKET
    Retail properties & Spaces

    35280 Brooten Rd, Cloverdale, OR 97135

    9,863 SF Built 1971
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a unique blend of hospitality and commercial real estate in the desirable Pacific City, Oregon. The property, located at 35280 Brooten Road, boasts a substantial 9,863 square feet building on a generous 38,332.8 square foot lot. Built in 1971, the property includes a 20-room inn, a bar and restaurant ready for revitalization, a convenient office with check-in counter, and a dedicated laundry area. A tranquil back patio offers ample seating, perfect for enjoying the Pacific City climate. The property's prime location places it within easy reach of local shopping, dining, and entertainment. Adding to its potential, a separate buildable tax lot on the southern portion of the property allows for expansion or the development of new projects. The asking price for this multifaceted property is $3,999,900. This coastal gem offers significant potential for growth and return on investment in a highly sought-after Oregon beach community. The property is zoned for commercial, restaurant, storefront, hotel, and bar uses, providing flexibility for future development and operations. The combination of existing income-generating assets and the potential for expansion makes this a truly compelling investment opportunity. The property's location in Pacific City, Oregon, offers unparalleled access to the stunning Oregon coastline and its many attractions.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1971
    Total area 9,863 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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