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Commercial Off Market
1254 Salmon River Highway
Otis, Oregon 97368
Lincoln CountyCommunity: N/A
$2,250,000
2 br, 4.0 bath
0 sq. ft.
184.380 acres
This is a fantastic opportunity to own commercial acreage zoned for multiple uses known as the Downtown Otis Business District! This property consists of a total of 184.8 acres. 2 rental houses, a barn with 19 stalls, dispensary, pizzeria, gas station, post office, Coffee shop is tenant owned (on land lease), fishing club, horse pasture, seasonal farmers market, grange hall, cafe (in process of rebuild from fire). Property has a gross income of $216,879 in 2022 with several long term tenants in place. Otis is located just a ten minute drive from the gorgeous central Oregon Coast with miles of Sandy beaches. Please do not disturb tenants, no showings without an acceptable offer.
Interior:
- Bedrooms: 2
- Baths: 4.0
- Sq Ft: 0
- Year Built: 1949
- Utilities:
- Fireplaces:
- Stories: 1.0
- Heat/AC:
- Garage:
Exterior:
- Lot Size: 184.380 acre
- Lot Dimensions:
- View Types: Forest, River
- Yard:
- Siding:
- Roof: Unknown
- Property Taxes: $16,175
- MLS #: 23-325
Contact Information:
Ad Number: 3544882
Viewed 107 times.
Updated: Jun 02, 2023
This property is a Commercial located at 1254 Salmon River Highway, Otis, Oregon 97368, and is currently Off Market at $2,250,000. This Commercial has 2 bedrooms, 4.0 baths, 0 sq ft.