100 8th St Lakeside, OR 97449-9741
- Auto shops
- 0.11 lot acres
Current Use by Public Records
- Community Presbyterian Church / Presbyterian Church
Property Details for 100 8th St
- Year built
- 1950
- Lot size
- 0.11 lot acres
- Zone code
- GC
- Property type
- Auto shops
- APN
- 23 S 12 W 18 BD 10100
- APU
- 23S12W18BD10100
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $260,000
- 7%
- $290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $290,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $290,000
- Retail
- $280,000
- Mixed-Use
- $245,000
- Hospitality
- $235,000
- Educational
- $225,000
- Residential Income
- $245,000
- Energy
- $250,000
- Income-Based Land
- $270,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Lakeside
- County
- Coos
- State
- Oregon
- Longitude
- -124.175
- Latitude
- 43.5756
- CBSA code
- 18300
- CBSA name
- COOS BAY, OR MICROPOLITAN STATISTICAL AREA