1717 Oregon StPort Orford, OR 97465

Property Details for 1717 Oregon St

Zone code

4C

Property type

Commercial real estate

APN

3315-05AB-02900

APU

331505AB02900

Description

This exceptional 2,549 sq ft retail property at 1717 Oregon St, Port Orford, OR 97465, is a prime investment opportunity. Located on Hwy 101, it boasts unparalleled visibility and high traffic counts. Currently operating as a bar, convenience store, and storefront, this versatile space offers endless possibilities. The building, constructed in 1955 and renovated in 2018, sits on a lot ranging from 10,000 to 14,999 sq ft and is zoned C4, allowing for a wide array of uses. The asking price is $425,000, with a pro-forma cap rate of 23.53% and a pro-forma NOI of $100,000. The property features 100% occupancy and a price per square foot of $166.73. The seller offers the option to purchase all existing inventory for an additional $100,000. This location in Curry County presents a unique chance to capitalize on the high visibility and potential for growth in this desirable Oregon Coast location. The property's Opportunity Zone designation provides additional investment incentives. This is a rare opportunity to own a thriving business or develop a new venture in a high-traffic area.

Location Insight

City

Port Orford

County

Curry

State

Oregon

Latitude

42.7522

Longitude

-124.498

CBSA code

15060

CBSA name

BROOKINGS, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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