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Listed by Good Land Company • dahe@goodlandcompany.com
$ 775,000
Est. payment | /mo
3 Baths
3,984 SqFt
$ 775,000
Est. payment | /mo
3 Baths
3,984 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,984 sqft
Price per Sqft $194
MLS Listing ID 24075314
Full Baths 3
Year Built 1894
Annual Tax Amount $7,108
Tax Year 2024
Lot Size 5,662 Sqft
Property Description
Popular Vacation rental - within walking distance to many restaurant choices and McMinnville's famous tourist district. Spacious floor plan with two large common rooms in the main house. Award-winning restored Victorian (by Cellar Ridge Construction) offers 4 bedrooms and 3.5 baths. Flexible floorplan potentially allows for a 5th sleeping room with bath access on main floor, for increased revenue. The Carriage House (labeled as the Great Room in photos) has use of a half bath and provides recreation and gathering space for guests, a unique feature. Hook-up for a 2nd set of laundry equipment in the basement, which also has an exterior access convenient to the Carriage House. Solar panels on the Carriage House reduce utility costs. Great exposure makes this a prime investment property. Zoning also allows retail, professional office, multi-family and owner-occupied mixed uses, all subject to building and parking requirements. Ask your broker for the developer packet with demographics, zoning, maps and floorplans attached. Current use is permitted by zoning. This property is not subject to city conditional use restrictions for STRs. Buyer to do all due diligence necessary for intended use. Fixtures included, furniture and inventory negotiable. Financials available with an acceptable offer.
Location
State OR
County Yamhill
Area _156
Zoning C-3
Interior
Heating Baseboard, Forced Air, Mini Split
Cooling Mini Split
Equipment Fixtures, SecuritySystem, SmokeDetector
Exterior
View Territorial
Roof Type Composition,Shingle
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional