501 First Ave Culver, OR 97734

This exceptional 13,029 square foot commercial property, located at 501 1st Ave in Culver, Oregon, presents a unique investment opportunity. Situated on a 0.66-acre lot in the heart of Culver, this C1-zoned property boasts a prime location, benefiting from the town's robust growth. Culver's population has seen a 7.05% increase since the last census, with an annual growth rate of 2.3%. The property currently houses a general grocery store and retail space, offering multiple income streams poised for expansion. Its strategic location serves as a gateway to the popular Cove Palisades State Park and Lake Billy Chinook Recreation Area, driving significant seasonal retail activity and catering to a large local demand. This established business, one of the original grocery stores in the area, is ready for a new owner to rebrand and capitalize on Central Oregon's significant expansion and the influx of residents from new housing developments. The property is listed at $1,175,000, with a discount available for cash buyers. The seller is motivated and reviewing all offers. The owner is open to a five-year lease with options, with leasehold improvements paid by the lessee. This presents a compelling opportunity for an innovative entrepreneur to establish or expand their business in a thriving community. Please note that the business should not be disturbed.