53460 Highway 31 Summer Lake, OR ^$ 950,000

53460 Highway 31

^$ 950,000

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53460 Highway 31

Summer Lake, OR, 97640

^$ 950,000

Studio Baths0.0 Sq 10,000

Monthly Estimate*

^$ 6,636

53460 Highway 31, Summer Lake, OR 97640 - Image 1

53460 Highway 31, Summer Lake, OR 97640 - Image 2

53460 Highway 31, Summer Lake, OR 97640 - Image 3

53460 Highway 31, Summer Lake, OR 97640 - Image 4

53460 Highway 31, Summer Lake, OR 97640 - Image 5

53460 Highway 31, Summer Lake, OR 97640 - Image 6

Studio

Commercial Property for sale in Summer Lake, OR

for $950,000. This 10,000 square foot building was built in 1967 on a lot size of 6.47.

The Lodge at Summer Lake has 4 Lakeside cabins, 7 motel units, 40 seat full service restaurant, self contained owner's quarters, dry RV parking, tent sites, camper showers and a private lake directly across highway 31 from the Summer Lake Wildlife Area. The Lodge serves a variety of seasonal bird watchers, mountain bikers, hunters, fisherman, and other nature enthusiasts. Sale price is turn key including land, buildings, furnishings, restaurant equipment and supplies. This is a profitable business and an excellent lifestyle opportunity. Financials available after receipt of signed NDA.

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,818

Style

Hospitality,Income/Investment,Restaurant

Lot Size

6.47

Year Built

1967

Town/City

Summer Lake

County/Region

Lake

MLS | Web ID

220176948

Features

Interior

Interior Features Laminate Counters

Flooring Carpet Laminate Vinyl

Common Walls 2+ Common Walls

General

Sewer Septic Tank Standard Leach Field

Heating Electric

Cooling Wall/Window Unit(s) Zoned

Roof Metal

Zoning OSD

Additional Features Kitchen Manager's Quarters Office Space

View Lake Mountain(s)

Levels One

Property Type F

Section Not Applicable

Construction Materials Frame

New Construction Y/N No

Exterior

Lot Features Landscaped Level Native Plants Water Feature

Other Structures Shed(s)

Water Source Private

Parking Features Parking Lot RV Access/Parking

WaterFront Features Waterfront

Foundation Block Slab

* Excluded Features

List By

Bruce Barrett

Listing Agent

Windermere Central Oregon Real Estate Redmond

Broker

barrettrealestate@gmail.com

Affordability Calculator

$6,871

Per Month

Monthly Principal & Interest: $6,636
Monthly Property Taxes: $235
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Summer Lake, OR

Average List Price ^$950,000

Percent of Sale Price 0%

About Summer Lake, OR

95 Population

1% Since 2002

^$41,318 Median Income

50.78 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

331058 Elementary School

330912 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
2/13/2024	$920,000		Listed Price

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53460 Highway 31, Summer Lake, OR, 97640 is a Commercial Property for sale at $950,000 with 10,000 sqft and a lot size of 6.47. 53460 Highway 31 is a studio with 0.0 baths and was built in 1967. The property's zip code is 97640 which is in Summer Lake, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

© 2020 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than Weichert Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Listing courtesy of Weichert Realtors.

Data is updated as of 4/30/2024.

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53460 Highway 31

Commercial Property for sale in Summer Lake, OR

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