47700 Sunset Hwy Banks, OR 97106-7607
This exceptional 1,315 square foot commercial property, situated on a 0.57-acre lot at 47700 NW Sunset Hwy in Banks, Oregon, presents a unique investment opportunity. Currently leased to an OLCC-approved dispensary, this property boasts excellent Sunset Highway frontage, ensuring high traffic counts and unparalleled visibility for any business. The existing tenant provides a stable income stream, but the versatile space offers significant potential for a variety of uses. Imagine transforming this location into a vibrant restaurant, a trendy bar, or a collection of retail food carts. The high traffic volume and prominent location make it ideal for attracting a diverse customer base. The property's size and configuration offer flexibility for various business models, allowing for customization to suit specific needs. This is a rare chance to acquire a well-positioned commercial property in a thriving area with significant growth potential. The recent price reduction makes this an even more compelling investment opportunity. Don't miss out on this chance to own a piece of Banks' bustling commercial landscape. Contact us today to schedule a showing and explore the possibilities.
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Cream Cannabis (Bike/Boat/Book/etc) Store
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The Magic Bean Cafe & Coffee Shop
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
R-COM · Banks, ORCosts & 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.