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Listed by Coldwell Banker Professional Group
$579,900
Est. payment /mo
1,972 SqFt
New
11424 HIGHWAY 138 Oakland, OR 97462
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,972 sqft
Price per Sqft $294
MLS Listing ID 541737632
Year Built 1955
Annual Tax Amount $1,212
Tax Year 2025
Lot Size 0.870 Acres
Property Sub-Type Commercial
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.
Location
State OR
County Douglas
Area _256
Zoning CRE
Interior
Heating Wood Stove
Cooling None
Equipment Fixtures, Furniture
Exterior
Waterfront Description RiverFront
View River, Trees Woods
Roof Type Membrane
Garage No
Building
Story 2
Sewer Septic Tank
Water Other
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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