Property profile

35280 Brooten Rd Cloverdale, OR 97135

OFF-MARKET
Retail properties & Spaces
9,863 SF Built 1971
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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

Location

35280 Brooten Rd Cloverdale, OR 97135
Cloverdale 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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