sale brochure (l) › d2 › txdsduuwnakcyymbxzx0uvnov...from 2015 to 2020, the oregon department of...

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549 SW Mill View Way, Suite 100 Bend, OR 97702 541 706 9370 tel https:naicascade.com 52510 HWY 97 La Pine, Oregon 97739 Property Highlights Steel frame construction High visibility location with HWY 97 frontage Multiple redevelopment opportunities Current Lottery license and liquor license Backs to Deschutes County Property The Story Enjoy fabulous visibility on Hwy 97 just 2.6 miles from the heart of La Pine and near Wickiup Junction for this 1.4-acre sports and entertainment property. The current bowling alley and bar includes a commercial kitchen,video lottery and arcades – all with a loyal customer base. Steel frame construction allows for a possible 17’ ceiling height to open up the possibilities. Mixed use zoning allows for multiple redevelopment opportunities... think cinema, restaurant, brewery and retail OR indoor storage unites with RV and boat storage. The options are many. OFFERING SUMMARY Sale Price $660,000 Lot Size 1.4 Acres (two tax lots) Building Size 11,320 SF Zoning CMX (Commercial Mixed Use) Parking 40 +/- surface parking stalls For more information Jenn Limoges C: 541 639 2566 [email protected] Karen Koppel C: 541 678 2924 [email protected] Commercial Property FOR SALE 11,320 SF | $660,000

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Page 1: Sale Brochure (L) › d2 › txdSDuuwnaKcYYmbxzx0UvNov...From 2015 to 2020, the Oregon Department of Transportation (ODOT) is investing millions in roadway and landscaping improvements

549 SW Mil l View Way, Suite 100Bend, OR 97702541 706 9370 tel

https:naicascade.com

52510 HWY 97La Pine, Oregon

97739

Property Highlights• Steel frame construction

• High visibility location with HWY 97 frontage

• Multiple redevelopment opportunities

• Current Lottery license and liquor license

• Backs to Deschutes County Property

The StoryEnjoy fabulous visibility on Hwy 97 just 2.6 miles from the heart of La Pineand near Wickiup Junction for this 1.4-acre sports and entertainmentproperty.

The current bowling alley and bar includes a commercial kitchen,videolottery and arcades – all with a loyal customer base. Steel frameconstruction allows for a possible 17’ ceiling height to open up thepossibilities.

Mixed use zoning allows for multiple redevelopment opportunities... thinkcinema, restaurant, brewery and retail OR indoor storage unites with RVand boat storage. The options are many.

OFFERING SUMMARY

Sale Price $660,000

Lot Size 1.4 Acres (two tax lots)

Building Size 11,320 SF

Zoning CMX (Commercial Mixed Use)

Parking 40 +/- surface parking stalls

For more informationJenn Limoges

C: 541 639 [email protected]

Karen KoppelC: 541 678 2924

[email protected]

Commercial Property

FOR SALE11,320 SF | $660,000

Page 2: Sale Brochure (L) › d2 › txdSDuuwnaKcYYmbxzx0UvNov...From 2015 to 2020, the Oregon Department of Transportation (ODOT) is investing millions in roadway and landscaping improvements

DEMOGRAPHICS

Stats Population Avg. HHIncome

1 Mile 184 $56,934

3 Miles 12,003 $56,487

5 Miles 136,223 $67,372

* Figures shown represent estimates

549 SW Mil l View Way, Suite 100Bend, OR 97702541 706 9370 tel

https:naicascade.com

Commercial Property

FOR SALE11,320 SF | $660,000

Page 3: Sale Brochure (L) › d2 › txdSDuuwnaKcYYmbxzx0UvNov...From 2015 to 2020, the Oregon Department of Transportation (ODOT) is investing millions in roadway and landscaping improvements

549 SW Mil l View Way, Suite 100Bend, OR 97702541 706 9370 tel

https:naicascade.com

La Pine is a growing community of 18,000 in the surrounding area with affordable living and all that CentralOregon has to offer in outdoor recreation. The community is close to lakes, reservoirs, rivers and landmarks(including the Newberry Volcanic Monument and Crater Lake) for plenty of outdoor recreational activitiessuch as hiking, fishing, boating and other sports.

Annual events keep the population active year round in the community. La Pine is home to the La PineRodeo (including the mutton bustin’ event), Frontier Days, Newberry Event music & arts festival, Coop &Garden, La Pine Christmas Bazaar & Trucker’s Light Parade and more. Coupled with the resort communityof Sunriver, a mere 17 miles away, the two are the magnets of southern Deschutes County.

Businesses draw from the 160,000 residents in the surrounding county and the city offers incentives forlocating your commercial venture within La Pine.

BUSINESS INCENTIVESLa Pine offers easy permitting, affordable land that is buildable with minimal obstructions, and astate-qualified Rural Enterprise Zone, that provides for up to 15-year property tax relief for qualifyingbusinesses.

TRANSPORTATION ADVANTAGELa Pine parallels U.S. Hwy 97 running from Northern California to the Canadian border. From 2015 to2020, the Oregon Department of Transportation (ODOT) is investing millions in roadway andlandscaping improvements while the city is expanding urban renewal projects to uplift area amenities.

INFRASTRUCTURERunning approximately parallel to La Pine are energy transmission lines from the Bonneville PowerAdministration (BPA) and Cascade Natural Gas. Burlington Northern Railroad runs nearby.

With all these amenities, La Pine is certainly the hidden gem of Central Oregon.

About La Pine, Oregon

Commercial Property

FOR SALE11,320 SF | $660,000

Page 4: Sale Brochure (L) › d2 › txdSDuuwnaKcYYmbxzx0UvNov...From 2015 to 2020, the Oregon Department of Transportation (ODOT) is investing millions in roadway and landscaping improvements

52510 HWY 97La Pine, Oregon 97739

The information contained in the Marketing Brochure has been obtained from sources we believe to be reliable; however, Broker has not verified, and will not verify, any of the information contained herein, nor hasBroker conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers musttake appropriate measures to verify all of the information set forth herein.

NAI Cascade | Local Knowledge. Global Reach.

NAI Cascade is the market-leading commercial real estate brokerage company providing exceptional service and expertise in Oregon. Being a member of the NAI Global network keeps us on the cutting edge of realestate and provides worldwide opportunities for our clients. Our strong ties to our local community and our global reach provide a holistic understanding of business cultures and economic environments. Experienceinnovative commercial real estate solutions through consulting, investment sales, leasing, and opinions of value, without pretense. Experience NAI Cascade.

Jenn LimogesLicensed Broker in the State ofOregonC: [email protected]

Karen KoppelLicensed Broker in the State ofOregonC: [email protected]

For More Information:

549 SW Mil l View Way, Suite 100Bend, OR 97702541 706 9370 tel

https:naicascade.com