Car-Dependent

51500 HWY 97

La Pine, OR 97739


$479,000

Open House Dates

COMM
1,372 sqft
MLS
18141767
1/2 acre commercial prop on HWY 97! Long time tenant-fully operational restaurant-all equipment transfers w/ sale. One of the only enclosed ext patios around, ADORABLE! Flat/usable, 17 paved parking spaces & room for more. The best part...HIGHWAY 97 FRONTAGE smack dab in the mix & in the heart of LaPine! Near busy intersections, surrounded by local hot spots including Rays, Shell Station, popular lounge, Napa, TWO RV travel parks & MORE
Photo of Marcia Kies

Presented By

Marcia Kies  

Principal Broker, Licensed in Oregon

  • Direct 503-534-1516
  • Mobile 503-789-1525
  • Office 503-635-9801
Email Me
Property Details
Price
$479,000
Sub Type
Commercial
Square Feet
1,372
Levels
1
Year Built
1948
Acres
0.52
Garage Spaces
17
Lot Square Feet
999,999,999
Location
County:
Deschutes
Status:
Active
Estimated Taxes:
$3,418
Listing Office:
Burkley Realty
Listing Last Updated:
June 11, 2018 8:26 PM

 Interior
Interior
Heating
Forced Air
Fuel
Electricity
Cooling
Central Air

 Exterior
Exterior
Construction
Concrete
Stucco

 Lot & Land
Lot & Land
Acres
0.52
Zoning
LPTC
Sewer
Public Sewer
Water
Public
road description
Paved
present use
Restaurant


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La Pine


La Pine is a rural, Central Oregon city located in the heart of Deschutes County. The area remained sparsely inhabited until the late 1860’s when settlers began migrating to the Northwest region. After the establishment of the Central Oregon Military Road, stretching from Eugene to Eastern Oregon, traffic from the Willamette Valley radically increased. Several settlers acquired acres of viable land, established profitable ranches and homesteads, and the foundations of a city soon developed.  

 

VIBE AND STYLE

La Pine is a rapidly growing town, full of opportunity and promise. Neighbors and residents remain committed to supporting a strong sense of community in an adaptive environment. Attracted by practical land acquisition costs, many business owners and professionals have relocated to La Pine to expand and establish new ventures. Despite increasing growth and change, the city continues to maintain a relaxed and friendly atmosphere. You’ll find residents eager to participate in community events, outdoor recreation, family functions and volunteer opportunities.

Area homes reflect La Pine’s changing environment and rural charm. Many single family homes are accompanied with at least an acre of land for farming, ranching and future development. To satisfy its growing needs, newer neighborhoods offer modern homes on smaller, more manageable lots. Sprawling estates with custom luxury homes and equestrian facilities are also available.

 

LOCAL SCENE

The area’s various entertainment and dining opportunities draw from La Pine’s rich history. Frontier Days, an annual Fourth of July celebration, has been a long-standing tradition and is the community’s largest event. Visitors and locals enjoy classic country festivities including cookoffs, horseshoe tournaments, parades and the popular lawnmower races. Another major community attraction is the La Pine Rodeo, the region’s only sanctioned rodeo. Featuring the world’s toughest bull riders and wranglers, spectators can count on an exciting display of talent and astonishing performances.

 

OUTDOOR SANCTUARY

With an average of 300 days of sunshine per year, La Pine boasts an abundance of outdoor activities. The town’s proximity to the Newberry Volcanic National Monument provides fishermen an opportunity to catch trophy-sized Rainbow trout and Kokanee salmon, in the majestic East and Paulina Lakes. During the winter, locals flock to Mt. Bachelor for various snow-centered activities. The ski resort accommodates skiers and snowboarders of all levels, with several terrain parks to challenge their skills and abilities. Other snow park activities include cross country and alpine skiing, snowmobiling, snowshoeing and sledding.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


Directors Mortgage

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

Burkley Realty

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: June 11, 2018 8:26 PM

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