Description
Iconic downtown Prineville building in the heart of Oregon's fastest-growing county. With 83% income growth and state-leading GDP gains, Prineville leads the region with unprecedented economic momentum. Street-level retail is leased to Whiskey Darlin' boutique, a tenant since 2021, and HIIT Logic Fitness, both under new 3-year terms. The upper level features a 12-room bunkhouse/extended stay motel, designed to serve the area's booming data and renewable energy sectors. It remains consistently occupied, with several long-term tenants contributing to strong, reliable cash flow. Not subject to Oregon's Residential Landlord and Tenant Act (ORS Chapter 90). The property has been substantially renovated over the past 3 years, enhancing both its appeal and functionality. An unfinished basement offers additional upside for storage or future build-out. A rare opportunity to own a landmark, mixed-use asset with a strong operating history and creative potential. Owner-carry terms available.
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0BEDS
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0.08ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Iconic downtown Prineville building in the heart of Oregon's fastest-growing county. With 83% income growth and state-leading GDP gains, Prineville leads the region with unprecedented economic momentum. Street-level retail is leased to Whiskey Darlin' boutique, a tenant since 2021, and HIIT Logic Fitness, both under new 3-year terms. The upper level features a 12-room bunkhouse/extended stay motel, designed to serve the area's booming data and renewable energy sectors. It remains consistently occupied, with several long-term tenants contributing to strong, reliable cash flow. Not subject to Oregon's Residential Landlord and Tenant Act (ORS Chapter 90). The property has been substantially renovated over the past 3 years, enhancing both its appeal and functionality. An unfinished basement offers additional upside for storage or future build-out. A rare opportunity to own a landmark, mixed-use asset with a strong operating history and creative potential. Owner-carry terms available.
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