116 Central Ave Sutherlin, OR 97479

This exceptional mixed-use property in Sutherlin, Oregon, presents a compelling investment opportunity. Located at 116 W Central Ave, this 2,688 square foot building boasts a prime location in a rapidly growing area, zoned C1. The property features a thriving commercial storefront on a busy street, generating consistent income. Upstairs, two separate one-bedroom apartments provide additional rental revenue streams. Each apartment offers privacy and convenience, with dedicated parking located at the rear of the building. The ground floor commercial space includes central heating and air conditioning, a bathroom, and newer flooring. The property has a proven rental history, ensuring a smooth transition for the new owner. With three tenants currently in place, the property offers a net operating income (NOI) of $22,552, resulting in an attractive 8.38% capitalization rate. The asking price is $269,000, translating to $100.07 per square foot. Built in 1971, this two-story building sits on a 0.06-acre lot and includes two parking spaces. This property is ideal for an owner-occupant seeking a live-work scenario or an investor looking for a strong return on investment in a thriving Oregon community. The property's solid performance and desirable location make it a truly exceptional opportunity.