$1,125,000
$1,125,000
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51385 Hwy 97 La Pine, OR 97739
5,066 SqFt
Key Details
Sold Price $1,125,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,066 sqft
Price per Sqft $222
Subdivision Clal
MLS Listing ID 220112840
Sold Date 08/20/21
Year Built 1948
Annual Tax Amount $6,123
Lot Size 1.620 Acres
Acres 1.62
Lot Dimensions 1.62
Property Description
Well ESTABLISHED 9 unit MOTEL located in high traffic area on Highway 97 in La Pine. Family owned and run since 1968, owner is retiring. 2 units have long term tenants in place and there are separate living quarters for owner or manager to live. Along with the Motel is .54 of an acre that could be used to expand the number of units and increase the revenue. A rare opportunity for an investment in this small town community of very high traffic.
Location
State OR
County Deschutes
Community Clal
Direction Hwy 97 south.
Rooms
Basement None
Interior
Interior Features Laminate Counters
Heating Electric
Cooling Wall/Window Unit(s)
Window Features Aluminum Frames,Vinyl Frames
Exterior
Parking Features Asphalt, Gravel, No Garage, RV Access/Parking
Roof Type Composition
Building
Lot Description Landscaped
Entry Level Two
Foundation Concrete Perimeter
Water Public
Structure Type Concrete,Frame
New Construction No
Others
Senior Community No
Tax ID 115195
Security Features Smoke Detector(s)
Acceptable Financing Cash, Contract, Conventional, Owner Will Carry
Listing Terms Cash, Contract, Conventional, Owner Will Carry
Special Listing Condition Standard
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