6476 SW Frazier DriveCulver, OR97734

$3,875,000
3 total units
8100 sq. ft
2.23 acres
Zoning: RR5/Commercial
640 days on market

VestorFilter™

Price per ft²$478.40/ft²
Recent price drop$25,000
Price per acre$1.74M/ac
Time on market640 days

Property Description

Cove Corner Store. Awesome investment with a 10.4% Cap Rate. Huge opportunity for Growth. Land and business and equipment included. Investor or family operated business? 2.23AC with a 3500sqft Store, originally built in 1966 but upgraded and added onto since then. A Stick-Built 2400sqft boat maintance and full service mechanic Shop, built in 2019 with metal exterior and finished interior and huge Access doors. A 1995, 2200sqft 3 bed 2 bath home which can be rented out or the manager or owners can live on-site. Included is a 16 space RV park Fully rented, 2 large fuel tanks, 3 huge commercial ice makers with Manhart Ice bins, A rental business with 9 Pontoon Boats with accessories, 7 Ski Boats with accessories, 4 Pickup Trucks, and so much more. Owner financing available. Call for a backup package. Buyers must show proof of funds and sign a NDA before showings. Do not disturb Seller during business hours.

Financial Data

Price ChangeDropped $25,000 on 07/11/2023
Total $25,000 drop
Original Price$3,900,000
Current Price$3,875,000
Property Taxes$5,285

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Home Facts

StatusActive
Year Built1966
MLS ID220150512