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502 & 504 Deschutes Avenue 502 Deschutes Ave 7,696 SF 100% Leased Retail Building Maupin, OR 97037 $962,000 ($125/SF)
Investment Highlights
- Four tenants on month-to-month leases provide flexibility for increased rental income potential or future owner-user occupancy
- Positioned at the busiest corner in Maupin with strong visibility and exposure along Deschutes Avenue, Highway 197
- Onsite parking plus adjacent public parking provide convenient access for tenants, customers, and visitors
- Includes three commercial suites and one residential apartment, creating a diversified mixed-use income opportunity
- General Commercial zoning supports a variety of commercial and investment uses in the downtown core
- Located near the Deschutes River and Central Oregon recreation amenities that attract year-round tourism and economic activity
Executive Summary
Located in the heart of downtown Maupin, this 7,696 SF mixed-use investment or owner/user opportunity consists of three commercial units and one 2 bed / 1 bath apartment situated on a 0.23 AC parcel zoned General Commercial (CG). The property occupies a prominent corner location with exceptional visibility along Deschutes Avenue (Highway 197), the primary commercial corridor through town. The building is currently occupied by four tenants on month-to-month leases, creating flexibility for an investor seeking rental upside or an owner/user looking to occupy space. Onsite parking is available, with additional public parking located in the adjacent city lot. Positioned near the Deschutes River and the area's recreation-driven tourism economy, the property offers a rare opportunity to acquire a well-located mixed-use asset in one of Central Oregon's premier outdoor destinations.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,696 SF
Building Class
B
Year Built
1956
Price
$962,000
Price Per SF
$125
Percent Leased
100%
Building Height
1 Story
Building FAR
0.77
Lot Size
0.23 AC
Zoning
CG - General Commercial
Amenities
- 24 Hour Access
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 11979 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $240,887 |
Property Taxes
Parcel Number
11979
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$240,887
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502 & 504 Deschutes Avenue | 502 Deschutes Ave