109661 Highway 97, Chemult, OR 97731
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CT · Chemult, ORChemult. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.