347 Myrtle StSutherlin, OR 97479

  • Commercial real estate
  • 2,296 SF
For Sale
$1,599,000 View listing

Property Details for 347 Myrtle St

Year built
1999
Lot size
3.84 AC
Property size (Sq ft)
2,296 SF
Property type
Commercial real estate
APN
25-05W-18DC-00600
APU
2505W18DC00600

Description

This exceptional Sutherlin, Oregon commercial property boasts 7,396 square feet on a 3.84-acre lot with prime I-5 frontage. Its strategic location offers immediate access to the town's first exit, benefiting from nearby developments such as the new Evergreen Medical Center and workforce housing. The property is fully fenced and includes two substantial RV-height shop buildings, a retail center, and an office building. The first shop building is move-in ready, featuring power doors, 50-amp service, air compressor lines, a bathroom, an office area, and an upper mezzanine for extra storage or workspace. The second shop building provides a blank canvas for customization. The shops and retail center are in excellent condition, while the office building requires some renovations. This turnkey opportunity presents a unique chance to establish or expand a business in a thriving location. The property's size and diverse building types offer significant flexibility for various commercial ventures. Attractive owner financing options are available, making this an even more compelling investment. This property is ideal for businesses seeking high visibility and convenient access to major transportation routes. Don't miss this chance to own a substantial commercial property in a growing Oregon community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $517,568
    Hospitality
    $474,089
    Educational
    $394,437
    Medical
    $408,002
    Retail
    $613,568

Location Insight

City
Sutherlin
County
Douglas
State
Oregon
Latitude
43.3891
Longitude
-123.336
CBSA code
40700
CBSA name
ROSEBURG, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,868
-
-
$657,377
-
$643,990
$278,798
$922,788

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