45441 MCKENZIE HWY Active Save Request In-Person Tour Request Virtual Tour
Walterville,OR 97489
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 5,034 sqft
Price per Sqft $110
MLS Listing ID 24506870
Style Stories2
Bedrooms 7
Full Baths 8
Year Built 1932
Annual Tax Amount $3,039
Lot Size 2.500 Acres
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.
Location
State OR
County Lane
Area _233
Zoning RC
Interior
Heating Forced Air, Heat Pump
Cooling Heat Pump
Fireplaces Number 1
Fireplaces Type Wood Burning
Exterior
Exterior Feature Garden, Guest Quarters, Patio, R V Parking, Second Residence, Yard
Garage Spaces 20.0
Waterfront Yes
Waterfront Description RiverFront
View River
Roof Type Composition
Building
Lot Description Level, Trees
Story 2
Foundation Slab
Sewer Standard Septic
Water Well
Schools
Elementary Schools Walterville
Middle Schools Thurston
High Schools Thurston
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional