18097 Redwood HighwaySelma, OR97538

$295,000
3 total units
4007 sq. ft
1.15 acres
Zoning: Rc; Rural Comm
748 days on market

VestorFilter™

Price per ft²$73.62/ft²
Recent price drop$15,000
Price per acre$256.5K/ac
Time on market748 days

Property Description

Don't miss a unique investment opportunity to own a local bar and grill! High Traffic location between Grants Pass and the California boarder on Redwood hwy in Selma. This property has plenty to offer for the price. On 1.15 acres zoned Commercial Residential, this property has an attached apartment to the bar (rents for $575 monthly), behind the bar is a 2bed 1.5 bath manufactured home (rents for $600 monthly), Rv hook ups, 20+ parking spaces, and a large workshop. Included with the sale is the Kitchen Grill, Pizza Ovens, Beer Taps, Freezers, and bar furniture. This investment opportunity is on the way to many tourist attractions including the Illinois and Rogue Rivers, Out N About Zip lines and Tree Houses, local Vineyards, Oregon Caves, California Redwoods, Beautiful Oregon Coast, and so much more! Don't wait, call for a tour today.

Financial Data

Price ChangeDropped $15,000 on 09/11/2023
Total $80,000 drop
Original Price$375,000
Current Price$295,000
Property Taxes$1,894

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Home Facts

StatusActive
Year Built1940
MLS ID220140962