417 First St Culver, OR 97734
- Commercial real estate
- 5,015 SF
- 0.14 lot acres
Current Use by Public Records
- Main street vintage / Antique Store / Western Apparel Store
Property Details for 417 First St
- Year built
- 1946
- Lot size
- 0.14 lot acres
- Property size
- 5,015 SF
- Zone code
- C1
- Property type
- Commercial real estate
- APN
- 121318-DA-08300
- APU
- 121318DA08300
Description
This exceptional 5,015-square-foot storefront property presents a rare investment opportunity in the heart of Culver, Oregon. Situated on a highly visible highway location adjacent to a bustling market, this commercial space offers significant potential. The building, constructed in 1946, benefits from recent upgrades including fresh interior and exterior paint, newly installed toilets and vanities in both bathrooms, a modern ductless heating and cooling system, and new cadet wall heaters. The roof has also undergone recent repairs. Currently configured as two units, one owner-occupied and the other leased, this property is zoned C1, allowing for a variety of commercial uses. This prime location and the recent improvements make this a truly unique offering in a desirable market. Don't miss this chance to acquire a well-maintained, high-traffic commercial property in the thriving town of Culver. The property's size and location make it ideal for a variety of retail businesses or potential redevelopment. Its strategic placement ensures high visibility and accessibility for customers. This is a rare opportunity to own a piece of Culver's vibrant commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $310,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $370,000
- Geo Method
- $340,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $370,000
- Mixed-Use
- $330,000
- Hospitality
- $350,000
- Educational
- $375,000
- Residential Income
- $370,000
- Energy
- $300,000
- Income-Based Land
- $405,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Culver
- County
- Jefferson
- State
- Oregon
- Longitude
- -121.21
- Latitude
- 44.5247