Property profile

415 1st St Fossil, OR 97830

OFF-MARKET
Commercial real estate
Property ID
US71-1071533
0.11 ac lot
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 5,040 square foot commercial property, located at 415 First Street in Fossil, Oregon, presents a unique investment opportunity. Situated on a 0.11-acre lot, this versatile building offers a wealth of possibilities for a variety of businesses. Previously utilized as a restaurant and bar, an ice cream parlor, and other ventures, its adaptable layout allows for seamless transition to suit your specific needs. The current configuration includes well-appointed bathrooms, a sizable banquet room perfect for events or large gatherings, a comfortable dining area, a fully equipped bar area, and a functional kitchen. Large windows flood the dining area with natural light, creating an inviting atmosphere ideal for retail or office space conversion. The building's multiple sections provide ample space for diverse operations, offering flexibility and potential for expansion. Priced at $429,000, this property represents a significant opportunity to establish or relocate your business in a thriving community. The building's history of successful commercial ventures speaks to its prime location and inherent appeal. Don't miss this chance to own a versatile and well-maintained commercial space in the heart of Fossil, Oregon.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.11 ac (4,792 SF)
Zoning code C-1
APN 06S21E33BC-06400-02121
UPID US71-1071533

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
  • Restaurant

Location

415 1st St Fossil, OR 97830-8292
Fossil metro Census 960100
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Zoning & alternative use

C-1 · Fossil, OR

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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