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$699,900
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Property Description
Excellent business opportunity in the heart of Mapleton. Frank's Place Restaurant & Lounge is a local town favorite for many years. Several improvements such as a freshly painted exterior, Cool bar accents, new POS system & an improved menu which now also features pizza. Much of the kitchen equipment is also new. A large unfinished room in the front of building for your visions could be extra income or add to the existing set up. The bar hosts karaoke and occasional live music or events. Pool table, juke box & VIDEO LOTTERY add to the entertainment. Outside seating in front and the back porch entrance faces the Siuslaw river, public docks & parking. Upstairs is aprox 960 SF with a 1 bedroom apartment updated featuring a gorgeous kitchen with a farmhouse sink, newer flooring and cool barn doors plus an updated bath with a clawfoot tub. Perfect for owner occupy? Also a separate lock off style studio bedroom unit with it's own bathroom. Located about 15 miles from Florence off HWY 126. Possible owner financing with large down. Shown by appointment. Please see the 3D Tour link for more!
Full Property Details
Full Property Details for 10786 Hwy 126
General
- Price: $699,900
- Taxes: $2,484
- Status: Active
- Type: Commercial
- Source: RWMLS
- MLS ID: 345356467
- Updated: 4/25/2025
- Added to Site: 368 day(s) ago
Business
- Name: Frank's Place
Parking
- Total Spaces: 7
Location
- County: Lane
- Driving Directions: Hwy 36 & Hwy 126 intersection
Community
- Community Name: 238 - Lane Co: Florence East/Mapleton
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Mini Split
- Heating Type: Ductless
- Heating Fuel: Electricity
Utilities
- Sewer: Public Sewer, Septic Tank
- Water: Public Water
Structural Information
- # Buildings: 1
- Property Detached: Yes
- Roof: Composition, Membrane
- Stories/Levels: 2
- Square Feet: 4,080
- Year Built: 1910
- Property Condition: Existing
Lot Features
- Lot Size: 5, 000 to 6, 999 SqFt
- Frontage: Gravel, Paved
Financial Considerations
- Tax Amount: $2,484.55
- Terms: Cash, Contract
Disclosures and Reports
- Documents Avail.: Aerial Photo, Floor Plan, Tax Information
- Legal Description: 1810024300200
- Property ID: 764207
Listed by RE/MAX South Coast (541) 991-8086, Debbie Butler (503) 580-3211
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Price & Sales History for 10786 Hwy 126
Date
Details
Price
Change
Source
4/25/2025
Price Reduced
$699,900
-11.12%
MLS
4/02/2025
Listed
$787,500
202.88%
MLS
11/07/2019
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 10786 Hwy 126
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,528
4%
$119,683
3%
2024
$1,475
3%
$116,198
3%
2023
$1,437
4%
$112,814
3%
2022
$1,378
9%
$109,529
3%
2021
$1,268
1%
$106,339
—
2019
$1,253
13%
$106,339
6%
2018
$1,111
-10%
$100,321
-4%
2017
$1,237
4%
$104,692
3%
2016
$1,190
12%
$101,643
1%
2015
$1,062
-1%
$100,638
2%
2014
$1,076
3%
$98,742
3%
2013
$1,045
—
$95,866
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10786 Hwy 126
10786 Highway 126, Mapleton, OR 97453 (MLS# 345356467) is a Commercial property. 10786 Highway 126 is currently listed for $699,900 and was received on April 02, 2025. Want to learn more about 10786 Highway 126? Do you have questions about finding other Commercial real estate for sale in Mapleton? You can browse all Mapleton real estate or contact a Coldwell Banker agent to request more information.

