Property Listing No Longer Available for Sale

51385 Hwy 97, La Pine, OR

Retail for Sale - $1,125,000 - 5,066 Sq. Ft. on 1.62 acres


Property Info

CIMLS#1084862
Location
  51385 Hwy 97
  La Pine OR 97739
UpdatedMarch 25th, 2021
TypeRetail
Price$1,125,000
Building5,066 Sq. Ft.
Land1.62 acres

Property Description

Well ESTABLISHED 9 unit MOTEL located in high traffic area on Highway 97 in La Pine. Family owned and run since 1968, owner is retiring. 2 units have long term tenants in place and there are separate living quarters for owner or manager to live. Along with the Motel is .54 of an acre that could be used to expand the number of units and increase the revenue. A rare opportunity for an investment in this small town community of very high traffic.


Financials