Damonian Pike

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Listing provided courtesy of Good Moves Oregon LLC- MLS# 699428405MLS Provider

31080 HIGHWAY 101Hebo, OR 97122

Commercial · 2,705 Sq. ft. | 0.35 Acres
$499,000 Active

31080 HIGHWAY 101 Overview

Time on Site:
326 days
Visits:
18

** Price Improvement + Motivated Seller ** Established convenience store with recent updates & live/work opportunity. Located on Hwy 101 near its intersection with Hwy 22, bringing strong traffic counts over 5,100 daily trips by both locals and travelers alike. Sales cover grocery & household goods, hot food & quick snacks, plus lottery. Property includes an attached 3 bedroom residence with a separate entrance currently used for storage.

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31080 HIGHWAY 101 Facts & Features

  • Type Commercial
  • Sq. ft. 2,705
  • Price/Sq.ft. $184
  • Lot 0.35 Acres

Details

General

Income/Expenses

  • Existing Lease Type: None
  • Gross Income: 142342.0
  • Operating Expense: 133391.0

Building Information

  • Year Built: 1900

Business Information

  • Business Name: Hebo Market
  • Current Use: Grocery,Retail

Location/Region

  • Country: US
  • County Or Parish: Tillamook
  • MLS Area Major: 195 - Tillamook County

Tax Information

  • Tax Annual Amount: 1909.04
  • Tax Year: 2024

General Information

  • Inclusions: Building,Business,BusinessName
  • Listing Terms: Cash,Contract,Conventional,Lease Option
  • Parcel Number: 33252
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CC

Interior

Building Interior

  • Building Area Total: 2705.0

General Information

  • Cooling: None
  • Heating: Baseboard
  • Other Equipment: Furniture,Security System
  • Stories: 2

Exterior

Parking Information

  • Parking Features: Off Street,Paved
  • Parking Total: 5.0

Lot Information

  • Lot Size Acres: 0.35
  • Lot Size Area: 15246
  • Lot Size Square Feet: 15246.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: Three Rivers
  • Waterfront Features: River Front

Building Exterior/Construction

  • Construction Materials: Wood Frame
  • Roof: Composition

General Information

  • Sewer: Public Sewer

31080 HIGHWAY 101 Neighborhood

Community

97122 (Hebo) Demographics

46
Median Age
18
Population Density (per sq. mile)
28%
College Educated
$63,958
Estimated Median Income
142
Estimated Total Home Owners
24
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

31080 HIGHWAY 101 Market Data

Based on the last 30 days in this zip code

$660,600
Average List Price
$258
Average Price per Square Foot
0
Properties Sold
193
Average Days on Market
5
Properties for Sale
Calculations provided by Reliance Network

31080 HIGHWAY 101 History

Date Event Value Agent
2/25/2026Source: Regional MLS Price Reduction
$499,000 -16.7%
8/7/2025Source: Regional MLS Added to Database
August 07, 2025