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45441 McKenzie Hwy

5,000 SF Retail Building Leaburg, OR 97489 $790,948 CAD ($158 CAD/SF)

Executive Summary

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.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built
1932
Price
$790,948 CAD
Price Per SF
$158 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.05
Land Acres
2.46 AC
Zoning
RC - Rural Commercial
Frontage
373 ft on McKenzie Highway

Amenities

  • Waterfront

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0078376
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$414,823 CAD
  • Listing ID: 32483422

  • Date on Market: 2024-07-16

  • Last Updated:

  • Address: 45441 McKenzie Hwy, Leaburg, OR 97489

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