1605 Madison Ave La Grande, OR 97850

This unique 983-square-foot mixed-use property in La Grande, Oregon, presents a compelling investment opportunity. Located at 1605 Madison Ave, this 0.25-acre lot features a 1915-built house with two bedrooms and one bathroom. The home boasts high ceilings and a spacious living room, offering comfortable living space. However, the true potential lies in its permitted industrial zoning. This allows for a variety of uses beyond residential, making it ideal for a live-work arrangement or a complete conversion to a light industrial space. The existing plumbing is already in place for a potential half-bathroom addition, adding further flexibility. The property's size and zoning create a rare blend of residential comfort and commercial versatility. The asking price is $199,000. This presents a chance to capitalize on the unique combination of a charming home and flexible industrial zoning in a desirable Oregon location. The property's history and existing structure provide a solid foundation for a variety of future uses, limited only by the buyer's imagination. Don't miss this chance to acquire a property with significant upside potential in a growing community.