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    OFF-MARKET
    Commercial real estate

    674 Highway 101, Depoe Bay, OR 97341

    2,168 SF Built 1978
    Property ID
    US71-0634583
    Property summary
    AI-generated overview

    Prime commercial real estate opportunity in Depoe Bay, Oregon, awaits! This .55-acre (23,958 sq ft) lot at 674 Highway 101 boasts a versatile C-1 zoning, ideal for multiple business ventures. The property includes a charming two-story, 2,168 sq ft home built in 1978, offering five bedrooms. A substantial 50x24 foot shop provides ample space for boat storage, vehicle storage, or business operations. A generously sized woodshed adds to the property's functionality. Located near Depoe Bay's harbor and whale watching attractions, this property presents exceptional potential for short-term rentals, retail businesses, or a combination thereof. The high-traffic Highway 101 frontage ensures excellent visibility and accessibility. This unique offering combines residential comfort with significant commercial possibilities in one of Oregon's most desirable coastal destinations. The asking price is $795,000. Don't miss this chance to own a piece of the Oregon coast's vibrant commercial landscape.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1978
    Total area 2,168 SF
    UPID US71-0634583
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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