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    Property profile & analytics
    OFF-MARKET
    Retail space

    111 Central Ave, Sutherlin, OR 97479-9556

    4,000 SF 0.11 ac lot
    Individually Owned 2-yr Hold Free & Clear
    Property ID
    US71-0529853
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 111 W CENTRAL Ave in Sutherlin, Oregon, presents a unique investment opportunity. Boasting a total of 3,560 square feet on a 0.11-acre lot, this building features two distinct storefronts. One storefront, approximately 24 x 43 feet, is ready for immediate occupancy and customization to suit a new business. The second storefront requires significant renovations. The property benefits from excellent visibility and high traffic flow, situated on a main thoroughfare. Its advantageous location is complemented by proximity to a charming city park, a local gym, a brewery/restaurant, a bank, and other thriving businesses, ensuring high foot traffic and potential customer base. Ample parking is available, including two or more onsite spaces, plus convenient on-street parking and a city parking lot accessible via a rear alley. A valuable addition to the property is an included 8 x 40 foot shipping container, offering versatile storage or workspace options. This property is priced at $110,000 and offers significant potential for return on investment with the right vision and improvements. The combination of location, size, and included features makes this a compelling opportunity for entrepreneurs and investors alike.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Total area 4,000 SF
    Lot 0.11 ac (4,792 SF)
    APN 25-05W-17DC-08000
    UPID US71-0529853
    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
    • Sutherlin Emergency Management City Government Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Weiming Chen · 2 yrs held
    Weiming Chen
    since 2023
    Last sale
    $350,000
    5 recorded transactions
    2023
    $100,000
    2023
    $350,000
    2021
    2018
    $200,000
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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