$558,000
7 Beds
8 Baths
5,034 SqFt
2.50 Acre Lot
108,900 Sqft Lot
Status Active
Property Type Singlefamilyresidence
Price Type
Year Built 1932
Neighborhood
Days on Website 157

Property Map

$558,000 – 45441 Mckenzie Hwy, Walterville, OR 97489

Street View

Listing courtesy of Windermere RE Lane County.

Description

Imagine the possibilities! This is an amazing opportunity to own the building that once housed the oldest restaurant in Lane County, the Riverside. It sits on a stretch of McKenzie Highway that yearns for a restaurant, bar and hotel. The 3 bedroom 2 bath attached apartment offers a great live/work opportunity, or a place for staff or on site chef to stay. The large dining room and separate bar area give plenty of options to let your imagination run wild. There are several income options, including the potential for lottery, 4 motel rooms, and across the highway there is even river frontage on a tax lot that is included that sits wild and natural now, but just imagine what it could be! It is a fixer and ready for your upgrades, and is priced as the fixer it is as it sits. Turn this building into your own business, or turn it into an awesome 7 bedroom house! The possibilities are endless. As the seller makes improvements the price will increase. Get in while the gettin’s good and do things your way at this low price.

Property Details and Features

Building

  • Built in 1932
  • Architectural Style: Stories2
  • Building Area Calculated: 5034
  • Building Area Description: old list
  • Building Area Total: 5034
  • Main Level Area Total: 3374
  • RV Description: RVParking
  • Stories: 2
  • Upper Level Area Total: 1660

Property Access

  • Road Surface Type: Paved

Appliances & Equipment

  • Appliances: BuiltinRange,FreeStandingRefrigerator,PlumbedForIceMaker

Basement

  • Basement: None

Bathrooms

  • 8 total baths
  • 8 full bathrooms
  • 3 total main level baths
  • 3 main level full baths
  • 5 upper level total baths
  • 5 upper level full baths

Bedrooms

  • 7 total bedrooms

Cooling

  • Cooling Equipped
  • Cooling: HeatPump

Disclosures

  • Disclosures: Disclosure

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Garden,GuestQuarters,Patio,RVParking,SecondResidence,Yard

Fireplaces

  • Fireplace Features: WoodBurning
  • Fireplace Included
  • Fireplaces Total: 1

Foundation

  • Foundation Details: Slab

Garage

  • Garage Spaces: 20

Water Features

  • Water Body Name: McKenzie
  • Waterfront Features: RiverFront
  • Waterfront Property

Heating

  • Heating Available
  • Heating: ForcedAir,HeatPump

Interior Features

  • Features: AccessoryDwellingUnit,CeilingFan,SeparateLivingQuartersApartmentAuxLivingUnit

Listing

  • Contract Status Change Date: 2024-06-18
  • Days On Market: 158
  • Last Transaction Date: 2024-08-17 15:44:21
  • List Price: $558,000
  • Listing Contract Date: 2024-06-18
  • Listing Id: 24506870
  • Mls Status: Active
  • Modification Timestamp: 2024-11-23 01:40:46
  • On Market Date: 2024-06-18
  • Previous List Price: $588,000
  • Standard Status: Active

Location

  • MLS Area Major: _233
  • County Or Parish: Lane

Lot

  • Features: Level,Trees
  • Size Acres: 2.5
  • Size Range: Acres1to3
  • Size Square Feet: 108,900
  • Size: 1 to 2.99 Acres

Parking

  • Features: Driveway,RVAccessParking
  • 20 total parking spots

Property

  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Property View
  • Zoning: RC

Roof

  • Roof: Composition

Schools

  • High School: Thurston
  • Middle Or Junior School: Thurston
  • Elementary School: Walterville

Sewer

  • Sewer: StandardSeptic

Taxes

  • Annual Amount: $3,040
  • Legal Description

Utilities

  • Fuel Description: Electricity
  • Hot Water Description: Electricity,Propane
  • Internet Service Type: Cable,DSL
  • Water Source: Well

Windows

  • Features: AluminumFrames,DoublePaneWindows,VinylFrames

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This content last updated on November 23, 2024 19:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.