Income Potential at Cedar St

Income potential at Cedar Street

Located in Sisters Oregon

Welcome to Cedar St. Welcome to Cedar Street, where Industrial style collides with Luxury Living. Discover both a Residential and Commercial Perspective from these 3 unique and versatile buildings. They redefine Cowboy ethic and capture the essence of Sisters Oregon.

The Cedar StreetVision The possibilities and options for the buildings are endless. They may be personally enjoyed for vacation and/or a tremendous income investment!

Cedar Street consists of 3,352 square feet. However, it diversifies itself with 1,869 square feet residential and almost 1,000 square feet in Cedar street frontage.

Luxury Residential Living The 1869 square foot residential area consists of 3 bed, 2 bath Luxury Living space! It's an introduction to modern inclusion with a fresh take on rustic style. Vaulted ceilings and a wall of windows look upon acacia wooden floors, locally sourced alder cabinetry and 8' knotty alder doors. Textures like American made Slate Profile appliances, flowing granite and rusted corrugated metal offset the rustic reclaimed barnwood and reflect the influences of the surrounding community. community.

Commercial Possibilities The 808 square feet of Cedar Street commercial frontage features stained concrete floors, alder woodwork, granite counters, and an ADA restroom. The versatile, extra large, 675 square feet, two car garage has an option of being either commercial or for residential use.

The door is open to numerous Innovative possibilities!

Discover how this Multi-purpose building and flexible property in Sisters, Oregon strikes a perfect Opportunity!

Investment Potential of all 3 Buildings: •

Potential Rental Income - $111,600.00

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Vacancy Rate - 10%

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Taxes (paid by owner) - $10,500

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Property Insurance (PBO) - $4,458

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All other expenses paid by Tenant

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Total Operating Expenses $14,958

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Net Operating Income - $85,482.00

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6% CAP rate

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Multiple possibilities: * Single Tenant * Tenant and Business * Could be a Vacation Rental * Owner occupy 1 building or part of building

Location: At the base of the Three Sisters Mountains is a quaint town known for its Western Charm.

Sisters is characterized by small and authentic lifestyle retail stores restaurants and stunning views!

Sisters has all of the commercial attributes to attract business owners and entrepreneurs who value and appreciate the city’s small town charisma.

Sisters continues to be recognized for its outstanding school system, abundant outdoor recreational opportunities, rich arts and cultural scene, and a rural community-focused lifestyle.

Summary:

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6% Cap Rate Potential

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Phenomenal Down town Sisters Location

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3 - 3,352 + sqft Buildings

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1869 + sqft Luxury 3 bed 2 bath Residential Living

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808 sqft Cedar Street Commercial Frontage

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675 sqft Garage/Commercial Space

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DC zoning (Downtown Commercial)

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Endless Possibilities

Premier Luxury Finishes

Approximately 153 miles to Portland, 22 miles to Bend, 14 miles to Redmond, 19 miles to Prineville, 20 miles to Redmond Regional Airport, and 22 miles to St Charles hospital

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Offered at: $1,395,000 TERMS: Cash or Buyer financing

CONTACT: Please contact Chamese Christianson at Legacy Realty LLC 541.279.9879 or Greg Jacobs at Century 21 - Lifestyles Realty 541.948.4701