432 2nd Ave, Powers, OR 97466-9732
Exceptional investment opportunity in Powers, Oregon, featuring a substantial 8,000 square foot commercial building situated on commercially zoned land. This property, built in 1951, boasts a 4,000 square foot ground floor, previously used as a restaurant and thrift store, offering ample space for a variety of businesses. An additional 4,000 square feet on the upper level is divided into five apartment units – one two-bedroom, one-bathroom unit and four one-bedroom, one-bathroom units – providing potential for rental income or Airbnb operation. The property's prime location in the heart of Powers, adjacent to a restaurant, grocery store, and salon, ensures high visibility and convenient access. Its proximity to the Siskiyou National Forest and the Coquille River offers recreational opportunities, enhancing its appeal. Priced at $329,000, this property presents a unique chance to capitalize on its existing infrastructure and strategic location. The buyer is responsible for conducting due diligence. This is a rare chance to own a substantial commercial property with significant upside potential in a desirable Oregon location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
C · Powers, ORPowers. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.