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Property profile & analytics
OFF-MARKET
Individual retail properties

1150 Holladay Dr Seaside, OR 97138-7022

0.19 ac lot Built 1957
Individually Owned 21-yr Hold ~ Est. High Equity
Property ID
US71-1075959
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1150 N Holladay Dr in Seaside, Oregon, presents a unique investment opportunity. The 3,068 square foot building is priced at $750,000, or $244.46 per square foot. The property boasts a successful, established laundromat and store, benefiting from its prime location at the intersection of Holladay Drive and 12th Street, ensuring consistent exposure to both local residents and tourists. The business has served the Seaside community for many years, establishing a strong customer base. In addition to the commercial space, approximately 1,000 square feet of the building comprises a residential living quarters situated on the upper floor. This residential area has recently undergone renovations, including fresh paint and new flooring, enhancing its appeal and functionality. The property's combination of established commercial operations and updated living space offers significant potential for both income generation and future development. This is a rare opportunity to acquire a well-positioned, income-producing property in the desirable coastal town of Seaside, Oregon. The property is situated in Clatsop County, Oregon, with the zip code 97138. Don't miss this chance to own a piece of Seaside's thriving commercial landscape.

Property profile
Verified
Property type Individual retail properties
Use group LAUNDROMAT (SELF-SERVICE)
Year built 1957
Lot 0.19 ac (8,276 SF)
APN 61015CB02101
UPID US71-1075959
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Hyung R Yi · 21 yrs held
Hyung R Yi
since 2004
1 recorded transaction
2004
$220,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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