Nwc Of Hwy 20 & Rail Way Sisters, OR 97759
- Land
- 0.77 lot acres
Current Use by Public Records
- Land
Property Details for 0 Nwc Of Hwy 20 & Rail Way
- Lot size
- 0.77 lot acres
- Property type
- Land
Description
This exceptional 0.77-acre commercial land parcel in Sisters, Oregon, presents a unique investment opportunity. Located at the Northwest corner of Highway 20 and Rail Way (97759), this property boasts a Highway Commercial (HC) zoning designation. The site is strategically positioned as the first sit-down restaurant location entering Sisters from the west, benefiting from the high volume of traffic—over five million cars annually—passing through the town. A significant advantage is the existing site plan approval, streamlining the development process. The property includes 25 parking spaces and is ideally situated near established businesses, including a brand new 39-room hotel (built May 2019), McDonald's, a Chevron gas station, and Ray's Food Market. This location offers excellent visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. Furthermore, the site holds one of only six licenses for a national franchise restaurant within the Highway Commercial Zone, providing a significant competitive edge. The property is conveniently located between the Best Western and GrandStay Hotel and Suites, ensuring high foot traffic and visibility. Asking price is $995,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sisters
- County
- Deschutes
- State
- Oregon
- Longitude
- -121.562
- Latitude
- 44.2984