616 Mill StMaupin, OR 97037

Property Details for 616 Mill St

Lot size

0.41 AC

Zone code

RC

Property type

Commercial real estate

APN

4S 14E 32 CD 1900

APU

4S14E32CD1900

Description

This exceptional investment opportunity presents a unique chance to own the Deschutes Motel, situated in the charming town of Maupin, Oregon. The property boasts a total of 13 studio units, perfect for seasonal rentals or long-term tenants, catering to the thriving tourism industry fueled by Maupin's renowned rafting, fishing, and hunting opportunities. In addition to the studio units, the property includes a separate two-bedroom house, offering versatile options for an owner's residence, manager's quarters, or additional rental income. The motel sits on a sizable 0.75-acre lot, providing ample space and potential for future expansion or development. With a total of 3,000 square feet of building space, the property offers significant potential for revenue generation. The asking price is $695,000, representing a compelling investment in a high-demand location with established recreational attractions. This property is ideal for an investor seeking a turnkey operation in a picturesque Oregon setting, benefiting from the consistent influx of tourists and outdoor enthusiasts. The existing structure presents a solid foundation for continued success, with the potential for upgrades and improvements to further enhance profitability. This is a rare opportunity to acquire a well-established business in a highly desirable location. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $5,614,828

  Hospitality

  $5,143,152

  Educational

  $4,279,042

  Medical

  $4,426,205

  Retail

  $6,656,288

Location Insight

City

Maupin

County

Wasco

State

Oregon

Latitude

45.1752

Longitude

-121.088

CBSA code

45520

CBSA name

THE DALLES, OR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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