For Sale
$489,000

47700 Sunset HwyBanks, OR 97106

High-visibility storefront, dispensary-approved

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 1,315 square foot storefront, located at 47700 NW Sunset Hwy in Banks, Oregon (zip code 97106), presents a unique investment opportunity. Situated directly on Highway 26, this property boasts unparalleled visibility and easy access for customers. Currently operating at 100% occupancy with a lease expiring November 30, 2024, this single-tenant space is ideal for owner-users. The property features a permitted RC zoning, allowing for a variety of uses, including its current configuration as a dispensary. The building itself is a one-story structure, recently renovated (within the last two years), and sits on a sizable 24,000 square foot lot providing ample space. Ten parking spaces are available for customers and employees. The asking price is $489,000, translating to $371.86 per square foot. The net rentable area is 1,400 square feet. The property's prime location on a major highway leading to the beach makes it an attractive option for a wide range of businesses. There is also potential for adding food cart pods. This turnkey operation offers immediate income and significant growth potential.

Highlights

  • 1,315 SF (1,400 SF NRA) storefront at 47700 NW Sunset Hwy, Banks, OR 97106.
  • High-visibility location on Highway 26.
  • 100% occupied with lease expiring 11/30/2024; ideal for owner-users.
  • RC zoning allows for various uses.
  • Recently renovated, one-story building on a 24,000 SF lot with 10 parking spaces.
  • Asking price: $489,000 ($371.86/SF).

Property Details for 47700 Sunset Hwy

Property type
Retail properties, Retail space
Square Feet
1,315 SF
Year Renovated
2
Stories
1

Location Insight

City
Banks
County
Washington
State
Oregon
Latitude
45.667253578126
Longitude
-123.16798243066
47700 Sunset Hwy, Banks, Oregon

FAQs

What type of property is this?
Retail property - High-visibility storefront, dispensary-approved
Where is the retail property located?
The property is located at 47700 Sunset Hwy Banks, OR.
What is the asking price?
The asking price for this property is $489,000.
What are key features of this property?
This property features: 1,315 SF (1,400 SF NRA) storefront at 47700 NW Sunset Hwy, Banks, OR 97106.; High-visibility location on Highway 26.; 100% occupied with lease expiring 11/30/2024; ideal for owner-users.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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47700 Sunset Hwy
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