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$925,000
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Property Description
Sisters Commercial Building in enviable main drag location in the heart of exceptional foot traffic area. Good lease history, 6 units, 4 on ground level, two on second level. Upper units are eligible for development for residential use per City of Sisters Downtown Commercial Zone. Two tax lots: TL 02900 is .08 acres and vacant (current use parking lot). TL 03000 is .24 acres with 4616 square feet of classic Western Theme retail, restaurant and office suites, each with private bathrooms. First floor is fully leased, with coveted long time well established tenants. Second floor has been leased but current owner has intentionally left those spaces vacant to allow a new owner to explore conversion to residential use. Several units are under market rate rents. Vacant land at the alley behind the building has potential to be developed into storage, parking or outdoor dining.
Full Property Details
Full Property Details for 220 W Cascade Ave
General
- Sold For: $925,000
- Taxes: $10,395 (2023)
- Status: Closed
- Type: Commercial
- Source: ODS
- MLS ID: 220188409
- Added to Site: 524 day(s) ago
Interior
- Flooring: Tile, Vinyl
Parking
- Total Spaces: 6
- Parking Features: Alley Access, Parking Lot
Location
- Area: 4616
- County: Deschutes
- Subdivision: McCafferys
- Cross Streets: Oak
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump, Wall/Window Unit(s)
- Heating Type: Electric, Forced Air, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Frame
- Basement Desc.: None
- Foundation: Stemwall
- Roof: Composition
- Common Walls: 2+ Common Walls
- Stories/Levels: 2
- Square Feet: 4,616
- Sq. Ft. Source: Assessor
- Year Built: 1981
Lot Features
- Property View: City
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Street/Road Desc.: Paved
- Zoning: DC
Financial Considerations
- Price Per Sq. Ft.: $216.64
- Tax Amount: $10,395
- Tax Year: 2023
- Terms: Cash
- Owner Pays: Insurance, Taxes
- Tenant Pays: Electricity, Janitorial Service, Sewer, Water, Other
Disclosures and Reports
- Special Conditions: Standard
- Multiple Parcels: Yes
- Exclusions: Tenant improvements/fixtures
- APN: 134508
- Section: Not Applicable
- Block: 7
- Lot Number: 3000
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Schools
Schools serving 220 W Cascade Ave
School District:Sisters School District 6
| Name | Grades | Distance |
|---|---|---|
Sisters Elementary School 611 East Cascade Avenue, Sisters, OR 97759 | K-4 | 0.5 mi |
Sisters Middle School 15200 Old McKenzie Highway, Sisters, OR 97759 | 5-8 | 1 mi |
Sisters High School 1700 McKinney Butte Road, Sisters, OR 97759 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 220 W Cascade Ave
Date
Details
Price
Change
Source
9/30/2024
Sold
$925,000
-7.5%
MLS
8/09/2024
Listed
$1,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
220 W Cascade Avenue, Sisters, OR 97759 (MLS# 220188409) is a Commercial property that was sold at $925,000 on September 30, 2024. Want to learn more about 220 W Cascade Avenue? Do you have questions about finding other Commercial real estate for sale in Sisters? You can browse all Sisters real estate or contact a Coldwell Banker agent to request more information.

