75298 US HIGHWAY 101Reedsport, OR97467

$1,010,000
$587,000 annual income
6400 sq. ft
0.14 acres
SqFt5000to6999
Zoning: CT
1093 days on market
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Price per ft²$157.81/ft²
Price per acre$7.21M/ac
Time on market1093 days

Property Description

What an opportunity! Own your own business on HWY 101 with 100' of road frontage. The location is amazing right at the entrance of the Oregon National Dunes and the mouth of the Umpqua River. This small town is growing fast. The traffic flow is heavy and the opportunities are endless. This property has five business locations on site and two of them have current leases. The business, property and signs are all included in the sale. Seller would prefer to carry contract with 30% down at 7% 25yrs

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Financial Data

Date Sold2021-10-19
Sold Price$1,450,000
Price ChangeIncreased $909,000 on 02/27/2023
Total $12,000 increase
Original Price$998,000
Current Price$1,010,000
Property Taxes$4,215

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Home Facts

StatusSold
Year Built1992
Stories1
MLS ID21394527