25903 Or-126, Veneta, OR 97487

This 1.28-acre property in Veneta, Oregon, presents a unique redevelopment opportunity. Currently housing a 3,224 square foot restaurant operating at 100% occupancy, the site boasts excellent Highway 126 frontage and is zoned Rural Commercial, allowing for diverse uses. The existing building, constructed in 1961, includes two kitchens, ample storage, and restaurant equipment, all of which will transfer with the sale. The property also features an established Oregon State Lottery location. The $975,000 asking price translates to $17.48 per square foot of land value. This Class D property offers significant potential for redevelopment into a gas station, market, RV/boat storage, or other commercial ventures. The property's long history as a successful cafe, combined with its prime location and flexible zoning, makes it an attractive investment. The APN is 0503126. This is a single-story building on a 1.28-acre lot in Lane County, Oregon, with the address 25903 OR-126, zip code 97487.