Remarks

Sisters Commercial Building in enviable main drag location in the heart of exceptional foot traffic area. Good lease history, 6 units, 4 on ground level, two on second level. Upper units are eligible for development for residential use per City of Sisters Downtown Commercial Zone. Two tax lots: TL 02900 is .08 acres and vacant (current use parking lot). TL 03000 is .24 acres with 4616 square feet of classic Western Theme retail, restaurant and office suites, each with private bathrooms. First floor is fully leased, with coveted long time well established tenants. Second floor has been leased but current owner has intentionally left those spaces vacant to allow a new owner to explore conversion to residential use. Several units are under market rate rents. Vacant land at the alley behind the building has potential to be developed into storage, parking or outdoor dining.

Details

MLS#: 220188409
Price: $1,000,000

Style: F
Year Built: 1981

County: Deschutes
Subdivision: McCafferys
Tax Fee: 10395.00