REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Stellar Realty Northwest
$ 499,000
Est. payment | /mo
2,404 SqFt
$ 499,000
Est. payment | /mo
2,404 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,404 sqft
Price per Sqft $207
MLS Listing ID 714690645
Year Built 1950
Annual Tax Amount $2,259
Tax Year 2024
Lot Size 2.520 Acres
Property Sub-Type Commercial
Property Description
Commercial property with multiple income streams in a prime location! This 2.52-acre property presents an excellent investment opportunity with highway frontage, versatile zoning (C2 with a small R2 portion), and established income sources. The sale includes the decades-old Tri City Country Club bar, along with fixtures and owned inventory (some items convey, while others are vendor-supplied). In addition to the operating business, the property includes four fully occupied rental spaces and a studio cabin, creating multiple income opportunities. Approximate rental ROI from the rental spaces, cabin, and bar is $4,500/month, with additional income potential available for an owner/operator of the bar. Current owner is willing to lease back the commercial building or transition operations to a new owner. Call listing agent for additional details. With plentiful on-site parking, excellent highway visibility, strong rental demand, and flexible zoning that supports a variety of potential uses, this property offers both an established operating business and multiple income streams with room for future growth. Owner carry available with a large down payment. Motivated seller!
Location
State OR
County Douglas
Area _258
Zoning C2 & R2
Interior
Heating Wall Heater
Cooling Wall Unit
Equipment Fixtures, Furniture
Exterior
View Mountain, Territorial, Trees Woods
Roof Type Membrane
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty