Owner will carry on AOC, with one third down, at 7% for 10 or 15 years. This is a unique opportunity for the right person. This is a 8300 Square Foot Indoor Mall, on State Hwy 38, in town center REEDSPORT, literally town center. The city library is across the alley behind us. From the back of the building across 4th street, about 100 feet is the Fire Station & Police Dept. The next building South of Fire & Police is City Hall. Fronting on Hwy 38, across a side street in Central Lincoln Power, the local PUC. Our insurance company is on the same block as us. At the end of the block, across the street is the US Post Office. In the Next block East is the "Sugar Shack" bakery which stays open 21 hours a day. Our building has 9 units downstairs, 5 units up. 2 public or common bathrooms upstairs, a 3rd bathroom inside of unit #109. 2 of the units are piped for water, one long ago had a bakery, the other was used for a dog grooming business. For a price, the upstairs could be converted to living quarters, with businesses downstairs. Another opportunity would be a youth hostel. E-Commerce of some type would be good. Mail order or office services. Dunes National Recreation Area is a few miles away and huge tourism related. There are 3 rivers that meet in Reedsport and the coastal ocean is 1-2 miles West. This is where the pines meet the sea. Our building is 1/2 mile from the junction of coastal hwy 101. Hwy 38 is a designated scenic route, as it follows the Umpqua River to the coast. 3 miles out of town is a Elk viewing Reserve. My mother owns this building and at age 93, its time for her to scale back. patches@as.net owners son/Jay
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