Property profile

111 Central Ave Sutherlin, OR 97479

OFF-MARKET
Retail space
Property ID
US71-0529853
4,000 SF 0.11 ac lot
Individually Owned 2-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • City Government Office

Location

111 Central Ave Sutherlin, OR 97479-9556
Sutherlin metro Census 50004 ROSEBURG, OR MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

since 2023
Last sale
$350,000
5 recorded transactions
2023
$100,000
2023
$350,000
2021
Price N/A
2018
$200,000
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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