Listing Courtesy of: Ryan Kelly - Whitetail Properties Real Estate LLC
541-915-9912
$750,000
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12592 HIGHWAY 30 Clatskanie, OR 97016
Single Family
Residence
2
Beds
1
Baths
...
Bed/Bath
1,400
Sq. Ft.
Property Activity
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Investor alert! This is an incredible opportunity to buy a beautiful property with a ton of income potential at a huge discount. The county has the market value of this property as just under a million dollars. This property is listed at a dramaticallly reduced priced for an immediate sale! There is... a 7,640 square foot shop that is currently leased for $4k per month. There is a 1,400 square foot home that can be remodeled or a new one built. There is a beautiful campground with many private camping spaces that was one of the most popular on Hipcamp in the entire state. There are companies interested in putting up billboards along the highway and in leasing space for a cell tower. There are large flat and graveled areas that could be used for commercial storage for RV's, boats, etc... So much potential! There will need to be a zoning change and some additional work with the county to maximize the potential of this property, but the upside is well worth the effort and the county seems agreeable to help get it done. The seller is willing to carry contract on very favorable terms with $400k down. No payments or interest for a year or two depending on the offer, allowing plenty of time to take care of the zoning change / issues with the county and capitalize on the significant increase in value. If you have been looking for a project property with a ton of potential at a price that is well below market value, then this is what you have been looking for! Buyer to do all of their own due diligence on all aspects of the property.
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MLS#
307294355
Property Type
Single Family
Status
Bedrooms
2
Bathrooms
Year Built
1934
Square Feet
1,400
sq. ft
Lot Size
104.24
Sewer
Septic
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