Description
Located at 102 N E St, this 2-story, 5,970 sq. ft. property is a golden opportunity for savvy investors. Priced at $275,000, it is in the heart of Lakeview's historic center, known for its vibrant community. Built in 1962 with a stucco exterior & a flat roof, the building houses five rental units. The ground floor contains four commercial spaces previously occupied by a promotional company, a barber shop, a beauty shop, and a surveyor's office. The most significant space retains an old vault, paying homage to its past as a bank. The upper floor boasts a residential unit. Zoned commercial, the property benefits from a diesel/oil space heater, phone line, power, city water, & sewer connections. With an annual tax of $2,355.02, it holds untapped potential for mixed-use development, requiring some refurbishment. Perfect for entrepreneurs & investors seeking versatility, this property is a gem in an emerging community.
-
0BEDS
-
0.09ACRES
-
0BATHS
-
01/2 BATHS
-
5,970SQFT
-
$30$/SQFT
School Ratings & Info
Description
Located at 102 N E St, this 2-story, 5,970 sq. ft. property is a golden opportunity for savvy investors. Priced at $275,000, it is in the heart of Lakeview's historic center, known for its vibrant community. Built in 1962 with a stucco exterior & a flat roof, the building houses five rental units. The ground floor contains four commercial spaces previously occupied by a promotional company, a barber shop, a beauty shop, and a surveyor's office. The most significant space retains an old vault, paying homage to its past as a bank. The upper floor boasts a residential unit. Zoned commercial, the property benefits from a diesel/oil space heater, phone line, power, city water, & sewer connections. With an annual tax of $2,355.02, it holds untapped potential for mixed-use development, requiring some refurbishment. Perfect for entrepreneurs & investors seeking versatility, this property is a gem in an emerging community.
© 2023 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Arends Realty Group | Cascade Sotheby's International Realty are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Arends Realty Group | Cascade Sotheby's International Realty. Data last updated: .2023-10-02T19:46:37.67