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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1717 Oregon St, Port Orford, OR 97465-8734

    Individually Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US71-1579559
    Property summary
    AI-generated overview

    This exceptional 2,549 sq ft retail property at 1717 Oregon St, Port Orford, OR 97465, is a prime investment opportunity. Located on Hwy 101, it boasts unparalleled visibility and high traffic counts. Currently operating as a bar, convenience store, and storefront, this versatile space offers endless possibilities. The building, constructed in 1955 and renovated in 2018, sits on a lot ranging from 10,000 to 14,999 sq ft and is zoned C4, allowing for a wide array of uses. The asking price is $425,000, with a pro-forma cap rate of 23.53% and a pro-forma NOI of $100,000. The property features 100% occupancy and a price per square foot of $166.73. The seller offers the option to purchase all existing inventory for an additional $100,000. This location in Curry County presents a unique chance to capitalize on the high visibility and potential for growth in this desirable Oregon Coast location. The property's Opportunity Zone designation provides additional investment incentives. This is a rare opportunity to own a thriving business or develop a new venture in a high-traffic area.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Zoning code 4C
    APN 3315-05AB-02900
    UPID US71-1579559
    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
    • Coastal Swag (Bike/Boat/Book/etc) Store
    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
    Anthony Evans · 5 yrs held
    Anthony Evans
    since 2021
    Last sale
    $153,156
    2 recorded transactions
    2021
    $153,156
    2020
    $145,000
    Zoning & alternative use
    4C · Port Orford, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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