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11 Elk City rd - Elk City 2,223 SF Specialty Building Offered at $500,000 in Toledo, OR 97391
Executive Summary
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.
Property Facts
| Price | $500,000 | Building Class | C |
| Price Per SF | $224.92 | Building Size | 2,223 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 1890 |
| Property Subtype | Residential Income | ||
| Zoning | Comm - Comm | ||
| Price | $500,000 |
| Price Per SF | $224.92 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | C |
| Building Size | 2,223 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Zoning | Comm - Comm |
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Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
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11 Elk City rd - Elk City