11424 HIGHWAY 138, Oakland, OR 97462

$579,900
1,972
SqFt

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List Price
$579,900
Status
ACTIVE
Days on Market
24
MLS#
541737632
Subtype
Commercial
Year Built
1955
Living Area
1,972
Lot Size
37,897
Acres
0.87
MLS Area Major
Douglas Co: Sutherlin/north of Roseburg

Property Description

Rare chance to own Tyee Landing one of only two rural commercial properties on the river in Douglas County.• Flexible Zoning — rural commercial zoning supports a wide range of uses: private residence, restaurant with store or lotto, winery, or other commercial ventures.• Established Restaurant Site — riverfront restaurant with a loyal local following. Recently renovateddeck, repainted exterior, and resealed parking lot.• Waterfront Access — asphalt boat ramp on site.• Additional Land Included — 6 acres of farmed forest across the highway, including harvestable timber, if desired.• Basement Flexibility — basement level offers multiple configuration options — suitable for office rentalor short-term rental with modest updates.• Equipment Included — approximately $80,000 in restaurant equipment (replacement value) conveyswith the sale. May qualify for accelerated depreciation; buyers should verify with their own tax advisor.• Owner financing available; seller will consider owner carry above $360k.• Real estate and business sold together; buyer may take over the existing concept at no additional cost.

Additional Information

Zoning
CRE
Exterior Construction
Partial Basement, Wood Siding
Stories
2
Parking
Off Street, On Site
Parking Features
Off Street, On Site
View
River, Trees/Woods

Listing courtesy of Coldwell Banker Professional Group.

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