49045 Highway 101Bandon, OR 97411

Property Details for 49045 Highway 101

Year built

1950

Lot size

1.03 AC

Property size (Sq ft)

1,089 SF

Zone code

C-1

Property type

Drive through restaurants

APN

29 S 14 W 18 1200

APU

29S14W181200

Description

This exceptional Bandon, Oregon property seamlessly blends professional and residential spaces. Situated on approximately 1.03 acres of land directly on Highway 101, this 4,082 square foot building offers a 1,450 square foot storefront and a 2,632 square foot living area. The storefront, boasting 295 feet of frontage, is ideal for a variety of businesses. Ample parking is available with 15 spaces on-site, plus additional parking. A convenient circular driveway ensures easy access. The property includes a newly completed apartment with a loft bedroom, full bath, and stacking washer/dryer, perfect for rental income or Airbnb use. The main residence features two bedrooms, one full bath, an additional laundry area, and a great room with vaulted ceilings, wood beam accents, and a wood-burning stove. The updated kitchen boasts quartz countertops, subway tile backsplash, and shaker cabinets, complemented by new luxury vinyl plank flooring. The bathroom features a sleek vanity and meticulously tiled shower floors. A versatile office space is also included, ideal for client meetings. A fenced garden area and a shed complete the outdoor amenities. Located just two miles north of the Bandon Crossing Golf Course and one mile from Bradley Lake, this property offers unparalleled visibility and accessibility. The combination of commercial and residential space presents a unique investment opportunity with high potential for income generation. This property is ready for immediate occupancy and offers a rare blend of convenience, functionality, and modern updates.

• CAP approach

  CAP return

  Valuation

  6%

  $315,258

  6.5%

  $291,008

  7%

  $270,222

• Comparable approach

  Method

  Valuation

  Relative Method

  $703,167

  Geo Method

  $703,167

• Alternative Use

  Use

  Valuation

  Residential

  $245,476

  Hospitality

  $224,855

  Educational

  $187,076

  Medical

  $193,510

  Retail

  $291,008

Location Insight

City

Bandon

County

Coos

State

Oregon

Latitude

43.0681

Longitude

-124.415

CBSA code

18300

CBSA name

COOS BAY, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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