25903 Highway 126 Veneta, OR 97487
- Commercial real estate
- 1.28 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 25903 Highway 126
- Lot size
- 1.28 lot acres
- Zone code
- RC-RURAL COMMERCIAL
- Property type
- Commercial real estate
- APN
- 17-05-32-10-01400-000
- APU
- 1705321001400000
Description
This exceptional 3,224 square foot commercial property, situated on 1.28 acres of land at 25903 Highway 126 in Veneta, Oregon, presents a unique investment opportunity. Boasting excellent highway frontage, the property benefits from high visibility and significant traffic flow. Currently operating as a long-established cafe with a rich history, the building features two kitchens, ample storage space, and existing restaurant equipment. A valuable asset is the inclusion of an existing Oregon State Lottery location. All restaurant equipment will be included in the sale, providing a seamless transition for a buyer wishing to continue operations as a restaurant or cafe. The Rural Commercial zoning allows for a diverse range of potential uses, including redevelopment into a gas station, market, RV/boat storage facility, or numerous other commercial ventures. The property's versatility makes it an attractive prospect for various business plans. A lease option is also available at $4000 per month plus property taxes, offering additional income potential. This prime location and flexible zoning make this property an exceptional investment opportunity in a thriving community. The asking price is $920,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Veneta
- County
- Lane
- State
- Oregon
- Longitude
- -123.32
- Latitude
- 44.0531
- CBSA code
- 21660
- CBSA name
- EUGENE-SPRINGFIELD, OR METROPOLITAN STATISTICAL AREA
