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Property profile & analytics
OFF-MARKET
Auto shops

100 8th St Lakeside, OR 97449-9741

0.11 ac lot Built 1950
Individually Owned 8-yr Hold Free & Clear
Property ID
US71-0641065
Property summary
AI-generated overview

This exceptional commercial property at 100 S 8th St, Lakeside, OR, offers a unique investment opportunity. The 2,028 square foot building is situated on a corner lot in a high-traffic area of Lakeside, boasting excellent street frontage and visibility. Its prime location near popular attractions such as Ten Mile Lake, Oregon's longest beach, and the largest coastal sand dunes provides easy access for both locals and tourists. The property includes two large bays equipped with 2/3-ton lifts, ideal for automotive businesses or similar ventures requiring heavy equipment. Additional features include office space, a loft area offering extra room and storage, a bathroom, and a loading ramp. The sale also includes an additional lot with a single-story home and extra equipment. The property is conveniently located near other frequented businesses, including Seyer Power Sports, and offers ample parking for both customers and employees. Buyers are responsible for conducting their own due diligence as this is an estate sale, and the sellers have limited knowledge of the property details. This commercial zoned property presents a rare chance to establish or expand a business in a thriving resort town. The combination of commercial building and residential home provides versatile options for a variety of uses. The property's strategic location and numerous amenities make it an attractive investment with significant potential.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Lot 0.11 ac (4,792 SF)
Zoning code GC
APN 23 S 12 W 18 BD 10100
UPID US71-0641065
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
Current use
Occupant on record · Public records
  • Community Presbyterian Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Michael D Lendahl · 8 yrs held
Michael D Lendahl
since 2018
Last sale
$290,000
2 recorded transactions
2018
$129,500
2016
$100,000
Zoning & alternative use
GC · Lakeside, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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