$650,000
MLS #: 2974474

Description of 21823 Highway 62, Shady Cove, OR 97539

Fantastic investment opportunity with this 3900 sqft commercial building sitting on a .49 acre lot that includes a Subway Franchise Business in operation. Truly a great location on one of the busiest corners of this popular tourist town of Shady Cove. Shady Cove is the gateway to Crater Lake and is a great destination for rafting and fishing the beautiful Rogue River. There is quite a bit of traffic through this town for people traveling to Central Oregon, Lost Creek Lake & Crater Lake. With a hotel and RV park across the street, rafting companies close by and river access on the same street it makes this corner a highly desirable spot for the businesses located in this property. Besides the Subway Sandwich shop there are two other tenants include Valero Gas Station & Convenience market and an auto repair shop. Both are long term tenants. Subway business has been in operation for some time and is profitable.

Property Features of 21823 Highway 62, Shady Cove, OR 97539

TYPE
Commercial
Year Built
1980
Community
Shady Cove/Trail
Acres
.49
Features
Heat pump
Block exterior
Frame exterior
Lot acreage is: 0.49
Lot zoned: C-1
Composition roof
City sewer
Units in building(s): 1
Total square feet: 3990.00
Courtesy of: eXp Realty Southern Oregon

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