Sisters, OR 97759,220 Cascade AVE
Sisters, OR 97759,220 Cascade AVE
Sisters, OR 97759,220 Cascade AVE
Sisters, OR 97759,220 Cascade AVE
Sisters, OR 97759,220 Cascade AVE
Sisters, OR 97759,220 Cascade AVE
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$925,000

$1,000,000

7.5%
Est.Price: ?

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Est. payment /mo

4,616 SqFt


SOLD DATE : 09/30/2024

Key Details

Sold Price $925,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,616 sqft

Price per Sqft $200

Subdivision Mccafferys

MLS Listing ID 220188409

Sold Date 09/30/24

Year Built 1981

Annual Tax Amount $10,395

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 0.32

Property Description

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.

Location

State OR

County Deschutes

Community Mccafferys

Rooms

Basement None

Interior

Heating Electric, Forced Air, Heat Pump

Cooling Central Air, Heat Pump, Wall/Window Unit(s)

Exterior

Garage Alley Access, Parking Lot

Roof Type Composition

Parking Type Alley Access, Parking Lot

Building

Entry Level Two

Foundation Stemwall

Water Public

Structure Type Frame

New Construction No

Others

Senior Community No

Tax ID 134508

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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Oregon Data Share
Listed by Coldwell Banker Bain
agent-avatar

+1(503) 580-5206

brad@morerealty.com

62968 O. B. Riley Rd Suite A4, Bend, OR, 97703

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