681-687 A STREET
A RARE FIND!
OVERVIEW This one-of-a-kind, mixed use, 6,586 s.f. building is in the prime, quiet portion of the Historic Railroad District. It is located on the bike path and a short distance to nearly everything (groceries, shops, restaurants and Oregon Shakespeare Festival). The gorgeous 2nd-floor residential portion has 3,275 s.f. of living space and is accessible via a private elevator from the large gracious ground-floor entry. The commercial portion has 2,624 s.f. of ADACompliant Class A space with plenty of parking, and in a highly desirable location. The commercial space, presently occupied by three long-term tenants, generates an annual gross income of over $50,000. Short-term rental of the building’s high-end residential portion could provide additional income. Vacation rents could possibly be $350/night and $2,000/week or more, making this an exceptional income property!
INTERIOR FEATURES This magnificent residence is characterized by a comfortable elegance throughout, as well as amazing views of the Cascade Mountains from both the home and the decks. The home was built with a beautiful design incorporating single-level living, with exceptional quality throughout. There are 10’ ceilings; 8’ solid core doors and metalclad wood windows; California Hickory and tile floors; exquisite woodwork; a spacious wet bar for entertaining, with refrigerator and wine cooler; a gas fireplace; and a large heated, garage/work area (687 s.f.), with elevator access to the home. Truly everything the discriminating Buyer could desire!
- 6,586 Sq Ft. Total
- 687 Sq Ft. Heated Garage/Shop
- 3,275 Sq Ft. Residential
- Ample Parking
- 2,624 Sq Ft. Commercial
EXTERIOR FEATURES There are 540 s.f. of outdoor living space, where two 2nd-floor decks provide amazing mountain and territorial views. The larger entertaining deck has a covered BBQ area, and both wind and sun screens insure comfortable entertaining and dining no matter the time of day. The large, landscaped courtyard provides an appealing surrounding for the residential entrance.
BUILDING’S COMMERCIAL FEATURES This mixed-use building is located in a quiet mostly residential, area along “A” Street where commercial vacancies are rare. The area is easily-accessed by pedestrians, bicycles and cars. The building currently houses three commercial spaces, with street access, and each has a dedicated ADA bathroom, electric meters and heating and air conditioning units. The commercial space can be configured differently. There are six, off-street parking spaces, including one handicap space. Plus, there is ample on-street parking. The easy-care maintenance, long-term tenants, and good income, combined with the luxury residence, for either the owner’s use or as a high-end nightly or weekly rental, make this property a rare find!
$2,100,000 - Prime Location
I
- Long-Term Tenants
www.RoyceRealEstate.net - Luxury Residence - Good Income
SANDY ROYCE
PRINCIPAL BROKER/OWNER 541-941-1453 cell 541-482-3814 office sandyroyce@mind.net
RoyceRealEstate.Net
The information contained herein has been provided by various sources which may include the seller, public records, multiple listing service, or others. Royce Real Estate Services, Inc. has not investigated the accuracy of this information. Prospective buyers are advised to conduct their own investigations or the property and the information contain herein, utilizing licensed professionals where appropriate before purchasing this property.