Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Turn key restaurants

    109661 Highway 97, Chemult, OR 97731

    1,410 SF 0.37 ac lot Built 1965
    Individually Owned 7-yr Hold Absentee Owner Free & Clear
    Property ID
    US71-0496326
    109661 Highway 97, Chemult, OR 97731 For Sale
    $140,000 1,410 SF
    109661 Highway 97, Chemult, OR 97731
    View Listing →
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 109661 Highway 97 in Chemult, Oregon, presents a unique investment opportunity. The 1,410 square foot building sits on a 0.37-acre lot and enjoys prime highway frontage, ensuring high visibility and accessibility for any business. The property includes two separate residential lots, ideal for owner occupancy or providing housing for employees or a caretaker. This versatile setup offers significant potential for a variety of commercial ventures. The property is equipped with its own well, providing a reliable water source, and utilizes natural gas for energy. Two septic tanks are also in place. The property is being sold "as is," offering a chance to acquire a well-located commercial space at an attractive price of $150,000. The combination of highway visibility, residential lots, and existing utilities makes this a compelling opportunity for entrepreneurs and investors seeking a foothold in the Chemult market. Don't miss this chance to own a piece of prime commercial real estate in a desirable location.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1965
    Total area 1,410 SF
    Lot 0.37 ac (16,117 SF)
    Zoning code CT
    APN R-2708-021CB-00300-000
    UPID US71-0496326
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    William Madewell · 7 yrs held
    William Madewell
    since 2018
    4 recorded transactions
    2018
    2016
    2006
    $50,000
    2006
    $50,000
    Zoning & alternative use
    CT · Chemult, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message