For Sale
$140,000

Highway 97 Chemult, OR 97731

High-traffic Hwy 97 commercial lot.

Overview

Added:
Feb 3
Days on market:
73
This exceptional 2.23-acre commercial property in Chemult, Oregon, presents a remarkable investment opportunity. Strategically located on Highway 97 North, this parcel boasts excellent visibility and accessibility, with over 7,000 vehicles passing daily. The land is fully fenced and features two convenient driveway entries/exits from the highway, ensuring easy ingress and egress. A substantial, flat-packed gravel parking area is already in place, along with existing power and phone service. A significant asset is the large cement block pump house housing a high-yield water well, eliminating a major infrastructure hurdle for development. The property is zoned CT, making it suitable for a variety of commercial uses. Potential development ideas include, but are not limited to, an RV park, hotel, motel, or restaurant. The land itself is nicely treed, level, and readily developable, offering a blank canvas for a wide range of commercial ventures. Its prime location and existing infrastructure make this a truly turnkey opportunity for an astute investor seeking a high-traffic, easily accessible site in a growing area. The property's potential is further enhanced by its convenient location at the south end of Chemult. This is a rare chance to acquire a well-positioned commercial parcel ready for immediate development.

Property Details for Highway 97

Property type
Commercial real estate
Lot Size (sq. ft)
97,139 SF

Location Insight

City
Chemult
County
Klamath
State
Oregon
Latitude
42.98684
Longitude
-121.8264
Highway 97, Chemult, Oregon

FAQs

What type of property is this?
Commercial real estate - High-traffic Hwy 97 commercial lot.
Where is the commercial real estate located?
The property is located at Highway 97 Chemult, OR.
What is the asking price?
The asking price for this property is $140,000.
How can I contact the broker?
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Highway 97
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