51385 Hwy 97

La Pine, OR
$ 1,125,000 Beds 0 Baths 0 Sq 5,066
Monthly Estimate* How much can I afford?

Well ESTABLISHED 9 unit MOTEL located in high traffic area on Highway 97 in La Pine. Family owned and run since 1968, owner is retiring. 2 units have long term tenants in place and there are separate living quarters for owner or manager to live. Along with the Motel is .54 of an acre that could be used to expand the number of units and increase the revenue. A rare opportunity for an investment in this small town community of very high traffic.

Commercial

  • Price
  • $ 1,125,000
  • Lot Size
  • 1.62 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 5,066
  • Full Bathrooms
  • 0
  • Year Built
  • 1948
  • Half Bathrooms
  • 0
  • City, Zip
  • La Pine
  • Taxes
  • 6123
  • County
  • DESCHUTES
  • Style
  • Hospitality
  • Area
  • MLS#
  • 220112840
  • Zip
  • 97739
Listing Provided by: Coldwell Banker Bain
Data Source: Multiple Listing Service of Central Oregon

Features

General

# Of Units Total 9
Additional Features Common Area, Kitchen, Living Area in Building, Manager's Quarters, Office Space
Construction Materials Concrete, Frame
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Heating Electric
Levels Two
New Construction Y/N No
Property Type F
Roof Composition
Section Not Applicable
Security Features Smoke Detector(s)
Sewer Public Sewer
Subdivision Name CLAL
Zoning Commercial

Interior Features

Basement None
Common Walls 2+ Common Walls
Interior Features Laminate Counters
Window Features Aluminum Frames, Vinyl Frames

Exterior Features

Foundation Concrete Perimeter
Lot Description Landscaped
Lot Size Acres 1.62
Lot Size Square Feet 70567.00
Other Structures Shed(s)
Parking Details: # Of Other Parking 7
Parking Details: # Of Parking Spaces 17
Parking Details: Parking Yes
Parking Features Asphalt, Gravel, No Garage, RV Access/Parking
Road Surface Type Paved
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Bend, OR office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/21/2020 Listed $1,125,000

Property vs Zip Code Average in 97739

Price
AVG $880K
$1.13M
Taxes
AVG $5,073
$6,123
Visits
AVG 53
75
Year Built
AVG 1959
1948
Walkscore
AVG 35
43
Data Provided by Walkscore ® not using MLS data

Map

51385 Hwy 97 La Pine, OR is a Single Family Home for sale at $1125000 with 5066 sqft and a lot size of 1.62 Acres Acre(s). 51385 Hwy 97 La Pine has 0 bedrooms, 0 baths and was built in 1948. The property's zip code is 97739 which is in La Pine, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.