141 Bear Creek RdCurtin, OR 97424

Property Details for 141 Bear Creek Rd

Year built

1918

Lot size

0.17 AC

Property size (Sq ft)

1,408 SF

Property type

Retail properties

Property subtype

Auto shops

APN

21-04W-19DD-01100

APU

2104W19DD01100

Description

This exceptional investment opportunity presents a 1,408 square foot retail property located at 141 Bear Creek Rd, Cottage Grove, Oregon, 97424. Situated on a 0.17-acre lot, this property boasts a rich history, having been built in 1918. Currently configured as a convenience store and gas station, the property requires finishing but offers significant upside potential. Recent improvements include new electrical wiring, flooring, and windows. A large loft provides ample storage space, and a separate kitchen area adds versatility. The property also includes underground gas and diesel fuel tanks, ready for activation, and a detached building offering additional storage or potential for expansion and income generation. The property is zoned CRC and benefits from high visibility and convenient access, capturing traffic from both Interstate 5 and local residents. This is an ideal opportunity for an investor seeking a value-add project with strong potential for return. The asking price is $79,000. Don't miss this chance to acquire a well-located retail property in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $407,396

  6.5%

  $376,058

  7%

  $349,196

• Comparable approach

  Method

  Valuation

  Relative Method

  $909,145

  Geo Method

  $909,145

• Alternative Use

  Use

  Valuation

  Residential

  $317,219

  Hospitality

  $290,571

  Educational

  $241,751

  Medical

  $250,066

  Retail

  $376,058

Location Insight

City

Cottage Grove

County

Douglas

State

Oregon

Latitude

43.7217

Longitude

-123.212

CBSA code

40700

CBSA name

ROSEBURG, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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