45441 McKenzie Hwy - Restaurant FOR SALE


Leaburg, OR 97489
$558,000 USD
541-912-2679
45441 McKenzie Hwy, Leaburg, OR for Sale
$558,000 USD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

45441 McKenzie Hwy
Leaburg, OR 97489


OVERVIEW

Imagine the possibilities! This is an amazing opportunity to own the building that once housed the oldest restaurant in Lane County, the Riverside. It sits on a stretch of McKenzie Highway that yearns for a restaurant, bar and hotel. The 3 bedroom 2 bath attached apartment offers a great live/work opportunity, or a place for staff or on site chef to stay. The large dining room and separate bar area give plenty of options to let your imagination run wild. There are several income options, including the potential for lottery, 4 motel rooms, and across the highway there is even river frontage on a tax lot that is included that sits wild and natural now, but just imagine what it could be! It is a fixer and ready for your upgrades, and is priced as the fixer it is as it sits. Turn this building into your own business, or turn it into an awesome 7 bedroom house! The possibilities are endless. As the seller makes improvements the price will increase. Get in while the gettin's good and do things your way at this low price.

FOR SALE DETAILS

PRICE

$558,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

RC

APN/PARCEL ID

0078376

ASK ABOUT THIS PROPERTY

Kelly CooleyWindermere Real Estate Lane CountyMore Info
541-912-2679

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Kelly CooleyWindermere Real Estate Lane CountyMore Info
541-912-2679

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.