$850,000
Toledo, OR 97391
MLS# LC-101284
Status: Closed
2 baths | 6000 sqft
1 / 12
Property Description
Here is your chance to own a national brand franchise retail supply store. Home town ACE Hardware store has been in one family since 1981. Sale price includes approx 6,000 sq ft building plus all inventory, fixtures and equipment (forklift). This local Ace Hardware is one of 5,000+ Ace stores locally owned and operated nationwide. ACE Hardware is'the Helpful Place' by offering customers personal service, quality products and a convenient shopping experience. ACE Hardware store offers neighboring community residents and businesses in Toledo, Siletz, Elk City, Eddyville and surrounding areas a quick place to shop. Services and materials include: Apple Pay, Sharpening - Blades, Wire, Rope, and Chain Cutting, Key Cutting, Lumber and Building Materials, Pipe Cutting & Threading.
Details
Maps
Status Change Information
Status Change Timestamp: 2024-10-15
Purchase Contract Date: 2024-06-10
Close Date: 2024-08-29
Close Price: 850000
Tax & Legal
Business Name: ACE Hardware
CC&R's: No
Currently Not Used
Association YN: No
Lot
Lot Size Dimensions: 5,227
Accessory Dwelling Unit YN: No
Lot Size Acres: 0.12
Lot Size Square Feet: 5227.2
Utilities
Electricity Connected: 1
Natural Gas Not Available: 1
Water Available: 1
Remarks
Lincoln Public Historical Details: Building Type: Retail Hardware, Possession: at closing of escrow, Specially Assessed: N, Garage Spaces: 0, Inclusions: existing inentory, Alternate Heat:
Appliances
Microwave: 1
Water Heater: 1
Building and Property Details
Building and Property Condition: good
Exterior Color: Tan
Construction Materials
Block: 1
Other: 1
Flooring
Other: 1
Foundation Details
Concrete Perimeter: 1
Heating
Electric: 1
Levels
One: 1
Listing Terms
Cash: 1
Conventional: 1
VA Loan: 1
Other Structures
None: 1
Possession
Close Of Escrow: 1
Road Surface Type
Paved: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Water Heater
Electric: 1
Water Source
Public: 1
Business Details
Equip/FF Incl Y/N: Yes
List Available Y/N: No
Inventory Included Y/N: Yes
MDSE/Supp Included Y/N: No
Business Type
Commercial: 1
Franchise: 1
Hardware: 1
Retail: 1
Additional Tax and Location Information
Highway 101: N/A
Tax District: MF85-1965
Showing Requirements
Appointment Only: 1
Call Listing Office: 1
Historical Details
Historical MLS Number: 24-1125
Listing Information
Listing Association Name: Lincoln County BOR
Address
Street Number: 640
Street Direction Prefix: NE
Street Name: Hwy 20
County: Lincoln
State: OR
Postal Code: 97391
Directions: Proceed to west Toledo Exit to ACE Hardware store
Parcel Number: 111007DD0990000
Contract
Current Price: $850,000
Status: Closed
Begin Date: 2024-05-25
Sold Price: $850,000
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
Tax Legal
Subdivision Name: Nash's - Toledo
Tax Annual Amount: 411.47
Tax Year: 2023
Zoning: C - Commercial
Tax Lot: 5
Tax Map Number: R410989
Interior
Living Area: 6000
Bathrooms Total: 2
Parking Information
Parking Total: 11
Building
Year Built: 1981
Income and Expenses
Gross Scheduled Income: 308.05
Net Operating Income: 75.58
Property Features
Utilities: Electricity Connected; Natural Gas Not Available; Water Available; Electricity Connected; Natural Gas Not Available; Water Available
Appliances: Microwave; Water Heater
Business Type: Commercial; Franchise; Hardware; Retail
Construction Materials: Block; Other
Flooring: Other
Foundation Details: Concrete Perimeter
Heating: Electric
Levels: One
Listing Terms: Cash; Conventional; VA Loan
Other Structures: None
Possession: Close Of Escrow
Road Surface Type: Paved
Roof: Metal
Sewer: Public Sewer
Water Heater: Electric
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Office
Supplements
Store Departments Include: Cleaning Supplies, Pet Supplies, Hardware, Hand and Power Tools, and Housewares, Sundries, Lawn and Garden, Automotive, Sporting Goods, and Plumbing; Concrete & Mortar, Outdoor Living, Electrical, Lumber, and Paint.
Listing Office: Emerald Coast Realty - Toledo
Office Email: pammugleston@gmail.com
Last Updated: December - 13 - 2025
Information deemed reliable but not guaranteed.