11 Elk City rd - Residential Income FOR SALE


Toledo, OR 97391
$500,000 USD
541-961-9544
11 Elk City rd, Toledo, OR for Sale
$500,000 USD
Residential Income - FOR SALE
1/5
null | Request Cap Rate

11 Elk City rd
Toledo, OR 97391


OVERVIEW

ATTENTION INVESTORS & FLIPPERS! Rare, high-upside opportunity to acquire a piece of history in the old townsite of Elk City at 11 Carter Street. This massive 0.86-acre compound spans 9 individual lots and features 3 existing structures totaling 2,223 sq. ft., making it the perfect canvas for a lucrative fix-and-flip or full restoration project. The property is highly improved and investor-ready with 2 septic systems, 1 well, and 5 established RV pads already in place for immediate or future income potential. Benefit from flexible C-1 commercial zoning allowing for endless redevelopment strategies—flip the residential structures, build out a vacation rental retreat, or expand the RV footprint. Located in a peaceful, scenic setting just minutes from downtown Toledo and the gorgeous Oregon coast. Properties with this much built-in equity and utility infrastructure are rare. Bring your toolbelt and your vision to cash in on this ultimate value-add project! Buyer to perform all due diligence regarding zoning and development options.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Elk City

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Comm

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael BurkhardMartek Real EstateMore Info
541-961-9544

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Michael BurkhardMartek Real EstateMore Info
541-961-9544

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.