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Property profile & analytics

815 Main Ave Tillamook, OR 97141

  • Commercial real estate
  • 9,872 SF
  • 0.34 lot acres
Value Estimation
Location Intelligence
Property ID
US71-1016247
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 815 Main Ave

Year built
1959
Lot size
0.34 lot acres
Property size
9,872 SF
Zone code
TM-C-C
Property type
Commercial real estate
APN
1S0930-CC-03200
APU
1S0930CC03200

Description

This exceptional 9,968 square foot commercial property located at 815 MAIN Ave Unit 815, Tillamook, OR, presents a unique investment opportunity. Currently operating as the highly successful Red Apple Inn and Cafe, this meticulously maintained establishment boasts 22 well-appointed guest rooms, each complete with appliances and furniture. The property includes 19 on-site parking spaces, supplemented by ample street parking. A spacious office/check-in counter, designated laundry room, and abundant storage areas are key features. The property also offers a significant advantage with a private, one-bedroom master suite for owner occupancy, and a separate one-bedroom apartment with a sunroom located behind the office. Situated in downtown Tillamook, this property enjoys a prime location within walking distance of shops, businesses, and other amenities. The 0.34-acre lot offers considerable flexibility, with potential uses including apartments, offices, or transitional housing. The asking price for this turnkey operation is $3,500,000. This presents an amazing opportunity for a diverse range of investors and entrepreneurs seeking a profitable and established business in a desirable location. The property's current configuration and location offer significant potential for future growth and adaptation to various commercial uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $370,000
  • CAP approach

    CAP return
    Estimation
    6%
    $510,000
    6.5%
    $510,000
    7%
    $515,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $495,000
    Geo Method
    $475,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $440,000
    Retail
    $510,000
    Mixed-Use
    $560,000
    Hospitality
    $510,000
    Educational
    $440,000
    Residential Income
    $520,000
    Energy
    $550,000
    Income-Based Land
    $455,000
    Food Service
    $435,000

Location Insight

  • Map
  • Local Demand
City
Tillamook
County
Tillamook
State
Oregon
Longitude
-123.844
Latitude
45.4521

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,050
$230,440
$523,680
$754,120
-
$172,190
$1,148,450
$1,320,640
More about this property
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