1254 Salmon River Highway, Otis, OR

$2,250,000

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2

Beds

Baths

20,049

Square feet

184.38

Acres

About 1254 Salmon River Highway

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.

Features of 1254 Salmon River Highway

MLS® # 23-325
Price $2,250,000
Bedrooms 2
Bathrooms 3.50
Square Footage 20,049
Acres 184.38
Year Built 1949
Type Commercial
Status Pending - Continue to Show

Community Information

Address 1254 Salmon River Highway
Area Otis
Subdivision N/A
City Otis
County Lincoln
State OR
Zip Code 97368

Amenities

Garages Detached
View Forest
Is Waterfront No

Interior

Interior Features Refrigerator, Dishwasher, Microwave
Heating Forced Air
Has Basement No

Additional Information

Date Listed March 3rd, 2023
Zoning C-1 Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentDennis M Regen
OfficeTaylor & Taylor Realty Company

Listing Map

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