403 Deschutes AveMaupin, OR 97037

This exceptional investment opportunity presents a 4,530-square-foot storefront located at 403 Deschutes Ave, Maupin, Oregon 97037. Currently operating as a hardware store, this single-tenant property sits on a 10,000-square-foot lot and boasts a prime location on Oregon Highway 197, a major commercial thoroughfare. The building, constructed in 1954, features a brick facade, attractive picture windows, and ample parking. The property is zoned for General Commercial use, offering a wide range of potential applications. A modified lease is in place with a remaining term of approximately 2.6 years (expiring July 1, 2027), including annual rent bumps of 3%. Public utilities are readily available. The sale includes the existing hardware store inventory and the current tenant's lease. A seven-year inventory note is also included. The seller is open to discussing various contract terms. This property presents a rare chance to acquire a well-established business and building in a thriving community situated along the Lower Deschutes River in Wasco County. The strong location and existing tenant provide immediate cash flow, making this an attractive investment for both seasoned and new investors.