102 N E StreetLakeview, OR97630

Located at 102 N E St, this 2-story, 5,970 sq. ft. property is a golden opportunity for savvy investors. Priced at $275,000, it is in the heart of Lakeview's historic center, known for its vibrant community. Built in 1962 with a stucco exterior & a flat roof, the building houses five rental units. The ground floor contains four commercial spaces previously occupied by a promotional company, a barber shop, a beauty shop, and a surveyor's office. The most significant space retains an old vault, paying homage to its past as a bank. The upper floor boasts a residential unit. Zoned commercial, the property benefits from a diesel/oil space heater, phone line, power, city water, & sewer connections. With an annual tax of $2,355.02, it holds untapped potential for mixed-use development, requiring some refurbishment. Perfect for entrepreneurs & investors seeking versatility, this property is a gem in an emerging community.

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