Bought with Tradition Real Estate Partners LLC
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Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,867 sqft
Price per Sqft $262
MLS Listing ID 24269660
Sold Date 09/30/24
Year Built 1928
Annual Tax Amount $4,691
Tax Year 2023
Lot Size 0.260 Acres
Property Description
Discover an unparalleled investment opportunity and prime commercial opportunity in the heart of Central Oregon. This thriving store and property ensemble spans .26 acres and boasts a total of 6,867 square feet, featuring a convenience store, apartment, and smoke shop. Key Features: Profitable Market: Established and successful, this Market has proven its profitability and potential for growth. Leaseback Option: The smoke shop space offers a lucrative leaseback opportunity, generating $2,000 per month in income for the buyer. Updated Infrastructure: Enjoy peace of mind with a roof in like-new condition & modernized compressors and coolers, ensuring efficiency and reliability. Owner-Operator Potential: With current owners being absentee, there's huge potential for an owner-operator model to maximize profits and streamline operations. Hot Food Deli & Pizza: A cornerstone of the business, the hot food deli & pizza offerings draw in a loyal customer base and provide ample revenue streams. Expansion Opportunities: Explore avenues for expansion, including the addition of a liquor store, implementation of lottery sales, and installation of car charging stations, to further diversify revenue streams and capitalize on ENTERPRISE ZONE. This property enjoys high visibility and accessibility, ensuring maximum exposure. This is an extraordinary opportunity for investors & entrepreneurs alike to take the reins of a successful property. Don't miss out ? seize this opportunity to secure your foothold in Central Oregon's thriving commercial landscape!
Location
State OR
County Jefferson
Area _340
Zoning C1
Interior
Heating Forced Air, Wall Heater, Zoned
Cooling Central Air
Equipment Compressor, Fixtures
Exterior
View Territorial
Roof Type BuiltUp,Flat,Membrane
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional, LeaseOption
Listing Terms Cash, Conventional, LeaseOption
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