Olaf Reed was a Norwegian immigrant who started a partnership with Oden Nelson.

They operated vessels on the Coquille River between Myrtle Point and Bandon, Oregon.

[2] Reed was a former sea captain and like his brothers Edward and Hans, he also worked as a shipbuilder.

[2] Norway post office closed in 2002;[4] the community's mail is addressed to Myrtle Point.

[6] At the time the two-acre townsite consisted of a store with living quarters upstairs, a café, a post office, a home, several old motel cabins and a defunct gas station.