45441 MCKENZIE HWY, Walterville, OR 97489 | MLS 23456775 | Listing Information | Berkshire Hathaway HomeServices Real Estate Professionals | Berkshire Hathaway HomeServices Real Estate Professionals
Off Market
$588,000  

45441 MCKENZIE HWY
Walterville, OR 97489

Business Opportunities
Commercial
5,000
Sq. Ft.
2.5
Acres Lot
Courtesy: Windermere Re Lane County, 541-912-2679
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.
23456775
Business Opportunities, 2 Story
Lane
1932
2.5 Acres
Well
2
Brick
Other,StandardSeptic
5,000 Sq. Ft.
Bar,HotelMotel,Restaurant
Interior Features
Heating
Other. Forced Air.
Plumbing
Brick,Concrete,WoodSiding
Exterior / Lot Features
Parking
20 Parking Spaces. OnSite, 2.
Exterior
Brick
Roof
Composition
Lot View
River
Body of Water
McKenzie
Zoning
RC
Financial Considerations
0078376
$2,908
Cash, Conventional
Building
Courtesy: Windermere Re Lane County, 541-912-2679
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