Property summary
This exceptional commercial property located at 109329 The Dalles-California Hwy 97 Highway in Chemult, Oregon, presents a unique investment opportunity. The 1,907 square foot building houses a thriving convenience store, operating successfully since 1939, and offering a diverse range of products and services including groceries, liquor, and a deli. A key advantage is the existing hunting and fishing license sales, providing a consistent revenue stream. The property boasts excellent highway frontage, ensuring high visibility and accessibility for customers. Adding to the appeal is a substantial 1,612 square foot manufactured home situated on the 0.17-acre lot. This home includes a shop/garage, offering versatile options. The property presents a compelling opportunity for owner-occupancy, allowing for both business operation and comfortable living. Alternatively, the manufactured home could be rented out, generating additional income. The asking price for this established business and residential combination is $295,000. This turnkey operation offers a rare blend of commercial and residential real estate, providing a solid foundation for future growth and profitability in a well-established community. The property's history and diverse revenue streams make it an attractive investment for those seeking a stable and potentially lucrative venture.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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