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45441 MCKENZIE HWY
Walterville, OR 97489
Residential (Single Family Residence)
2.5 Acres
5034 Sqft Living Area
7 Bedrooms
8 Bathrooms (8 Full, 0 Half)
Year Built: 1932
$588,000
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Property Description
Imagine the possibilities! This is an amazing opportunity to own the building that once housed the oldest restaurant in Lane County, the Riverside. It sits on a stretch of McKenzie Highway that yearns for a restaurant, bar and hotel. The 3 bedroom 2 bath attached apartment offers a great live/work opportunity, or a place for staff or on site chef to stay. The large dining room and separate bar area give plenty of options to let your imagination run wild. There are several income options, including the potential for lottery, 4 motel rooms, and across the highway there is even river frontage on a tax lot that is included that sits wild and natural now, but just imagine what it could be! It is a fixer and ready for your upgrades, and is priced as the fixer it is as it sits. Turn this building into your own business, or turn it into an awesome 7 bedroom house! The possibilities are endless. As the seller makes improvements the price will increase. Get in while the gettin's good and do things your way at this low price.
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Contact Details
Name: Kelly Cooley
Email: kellyc@windermere.com
MLS Listing Id: 24506870
Agent Phone: (541) 484-2022
List Agent License:
Office Name: Windermere RE Lane County
Office Phone: (541) 484-2022
Office MLS Id: 5WJT01
Listing Status: Active
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