42837 McKenzie Hwy - Freestanding FOR SALE


Leaburg, OR 97489
$945,000 USD
541-650-1226
42837 McKenzie Hwy, Leaburg, OR for Sale
$945,000 USD
Freestanding - FOR SALE
1/40
null | Request Cap Rate

42837 McKenzie Hwy
Leaburg, OR 97489


HIGHLIGHTS

  • PRIME LOCATION - 186' of High Traffic Highway Frontage
  • LANDMARK DESTINATION - 2 Buildings, 2 Lots, Custom Gazebo, and Cupola - PERFECT EVENT VENUE
  • FUTURE USE - Multiple Business Opportunities, Live/Work, Restaurant, Retail
  • SPACE FOR EVERYONE - 13+ Off Street Parking Spaces
  • CUSTOM BUILT SPACE - Hardwood and Ceramic Tile Floors, Handcrafted Metal Railings, and Multiple Storage Spaces

OVERVIEW

Entrepreneurs and Artisans! This LANDMARK DESTINATION offers Premium 186' street-front exposure on a Scenic Byway in the sought after McKenzie River Valley, Oregon! Formerly a gallery, this versatile property is ideal for an artistic business, retail shop, restaurant, or more. The upper level offers the option to live where you work - convert into an apartment! The adjacent building may be perfect for a kitchen, brewery, or retail space. Excellent potential as an EVENT VENUE, perfect for Weddings, Latino or Native celebrations, outdoor concerts and more! Enchanting landscape features four water elements. Well sought-after features draw customers: FOUNTAIN, GAZEBO, AND CUPOLA. Consider a rooftop café and amphitheater. Owned and designed by a nationally renowned artist, uniquely remodeled for a gallery to showcase exquisite metal and bronze sculptures. While the gallery currently showcases curated artwork, the space is ADAPTABLE TO A VARIETY OF VISIONS, allowing new owners the flexibility to create their own unique concept. The first impression is exquisite metal features throughout the property - DRAWING IN TOURISTS AND CUSTOMERS. Handcrafted ornate metal features throughout building structure, Hardwood floors, Ceramic tile floor in second building. Plenty room for more than 10-15 parking spaces. 25 mins to Eugene. 1.5 hours to Bend. The property continues to be enhanced, the process for food truck utilities, and an updated septic system for events is being worked on. As well as a new roof on the second building; plus more updates to come! Discover your possibilities—Call agent today for more details and schedule your private tour!

FOR SALE DETAILS

PRICE

$945,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

CR

APN/PARCEL ID

0547313,0547396

ASK ABOUT THIS PROPERTY

River MolyneauxWindermere Real Estate Lane CountyMore Info
541-650-1226

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River MolyneauxWindermere Real Estate Lane CountyMore Info
541-650-1226

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.