Current Use by Public Records
- Investment properties
Property Details
- Lot size
- 1.17 lot acres
- Property type
- Investment properties
Description
This exceptional business opportunity in Gates, Oregon, presents a unique blend of commercial and residential properties. The 1.17-acre lot is zoned Commercial-Residential (CR), providing flexibility for future expansion or diversification. The core business, Lawn Garden Industrial, has been a fixture in the community since 1970, specializing in small engine parts and tools. The existing inventory includes a substantial stock of parts, tools, and equipment housed within a 3,600 square foot building. The property also features two large storage containers, adding to the ample storage capacity. Beyond the commercial aspect, a 1,026 square foot manufactured home built in 2005 provides comfortable living quarters with three bedrooms and two bathrooms. The home boasts a 400-amp electrical panel, ensuring sufficient power for both residential and commercial needs. Two separate meters are installed, one for commercial and one for residential use. Further enhancing the property's appeal are two RV spots equipped with water and septic hookups, with conduit already in place for electrical connections. This turnkey operation offers a rare chance to acquire an established business with significant potential for growth, coupled with comfortable on-site living accommodations. The property's versatile zoning and existing infrastructure make it an ideal investment for an entrepreneur seeking a well-established business with immediate income potential and residential convenience.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gates
- County
- Marion
- State
- Oregon
- Longitude
- -122.406
- Latitude
- 44.756
