45441 MCKENZIE HWY, Walterville, OR 97489 – 24506870

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Kathy Quick

kathy@kathyquick.com +1(503) 730-0702

Listed by Windermere RE Lane County • 541-912-2679

$ 558,000

Est. payment | -/mo

7 Beds

8 Baths

5,034 SqFt

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$ 558,000

Est. payment | -/mo

Save

7 Beds

8 Baths

5,034 SqFt

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

Rooms

Basement None

Interior

Interior Features Accessory Dwelling Unit, Ceiling Fan, Separate Living Quarters Apartment Aux Living Unit

Heating Forced Air, Heat Pump

Cooling Heat Pump

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Builtin Range, Free Standing Refrigerator, Plumbed For Ice Maker

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

Parking Type Driveway, R V Access Parking

Garage No

Building

Lot Description Level, Trees

Story 2

Foundation Slab

Sewer Standard Septic

Water Well

Level or Stories 2

Schools

Elementary Schools Walterville

Middle Schools Thurston

High Schools Thurston

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Regional Multiple Listing Service (RMLS)

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