115 SW Highway 101

Investment Highlights

Located in the busy Hwy Lots of Potential potentially even support a 3rd tenant Additional Parking Old Service Station

Executive Summary

Once an old service station, the property boasts steady income from two tenants, Left Coast Burger Shack, and Espresso 101. Ideally located directly on a busy Hwy with additional parking in back that could potentially even support a 3rd tenant. On almost a quarter acre, this property has a lot of potential. 15 miles south of Newport shopping and 35 miles north of the Florence dunes, Waldport is known as the town where the forest meets the sea.

• Sale Type    Investment or Owner User
• Sale Conditions    Sale Leaseback Sale Leaseback Ground Lease (Leasehold) Ground Lease (Leased Fee) Build to Suit Business Value Included Lease Option High Vacancy Property Building in Shell Condition REO Sale Sale Leaseback
• Property Type    Retail
• Property Subtype    Storefront Storefront General Retail Auto Repair General Retail Fast Food General Retail Restaurant Storefront
• Building Size    1,107
• Building Class    C
• Year Built    1969
• Price    445,000
• Price Per SF    402
• Percent Leased    Vacant
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.11
• Land Acres    0.24 AC

• 24 Hour Access
• Courtyard
• Food Court
• Freeway Visibility
• Restaurant
• Signage
• Kiosk/Cart Space
• Drive Thru
• Storage Space