34395 101, Cloverdale, OR 97112
This exceptional commercial property, located at 34395 U.S. Highway 101 in Cloverdale, Oregon, presents a unique investment opportunity. The 2,178 square foot lot houses a 1,840 square foot building constructed in 1935. Recently refreshed with new exterior paint and skylights, this property boasts excellent southwest exposure from its corner location on Highway 101, providing high visibility for any business. Previously utilized as the well-regarded Burkhardt Art Gallery, this versatile space offers significant potential for a variety of commercial uses. Imagine establishing a thriving retail business, a captivating restaurant, or even a live-work space in the heart of Cloverdale's revitalized downtown. Cloverdale is known for its vibrant art scene, unique shops, and the popular Nestucca Bay Creamery, creating a thriving and attractive community for businesses. The asking price for this property is $375,000. This is a rare chance to own a piece of Cloverdale's commercial landscape and capitalize on its growing popularity. The property is zoned for commercial and entertainment uses.
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.