361 Cascade Ave Sisters, OR 97759-1020
This exceptional offering presents two adjacent commercial lots totaling 0.16 acres (or purchase individually at 0.08 acres each) situated on the highly trafficked Highway 20/Cascade Avenue in the heart of Sisters, Oregon. Boasting 60 feet of prime highway frontage, these lots benefit from exceptional visibility, with daily traffic counts exceeding 9,000 vehicles and peak hourly traffic reaching 1,300 vehicles (as of 2020). The DC (Downtown Commercial) zoning allows for a diverse range of uses, including retail, professional offices, entertainment venues, childcare facilities, art galleries, hotels, and health clubs. Residential use is permitted in conjunction with commercial activities. The lots are ideally located near popular businesses such as the Stitchin' Post, High Desert Chocolates, and the Sno-Cap drive-in, as well as the Sisters Arts District and Sisters Coffee. Each lot measures 30' x 114', and the combined property offers potential Cascade Mountain views from a second story. All utilities (water, electricity, and sewer) are readily available, making this a truly ready-to-build opportunity. The asking price for both lots is $275,000. Individual lot pricing is available upon request. This is a rare chance to establish a thriving business in a vibrant and sought-after Oregon town. Don't miss this opportunity to secure a piece of Sisters' thriving commercial landscape.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.