532 Fir Ave, Reedsport, OR 97467-1429
This exceptional 1,672 square foot storefront, located at 532 Fir Ave in Reedsport, Oregon (97467), is offered at $500,000. Built in 1956, this property boasts a highly visible corner lot with excellent road frontage, previously utilized as a gas station. All underground tanks have been removed, and a DEQ clearance report is available for review. The building features abundant natural light from numerous windows and offers versatile space suitable for a variety of retail businesses or even a food truck lot. Currently operating as a woodwork gallery and gift shop, this property presents a unique opportunity to establish or expand your business in a high-traffic area. Its strategic location ensures easy access and maximum visibility, attracting significant customer traffic. The property's price per square foot is $299.04. Adjacent properties at 542 Fir Ave (warehouse) and 563 Winchester Ave (warehouse with dwelling) are also available for purchase separately. This is a remarkable opportunity to acquire a well-located commercial property in Reedsport.
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
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Property description
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