Prime investment/redevelopment opportunity with rental income are one of the truly special & versatile components of this rare offering. Comprised of 3 tax lots, portfolio includes 3 homes & vacant lot of .25/AC. that potentially could be developed for additional duplex/multi-family units/shop. Zoning offers a blend of front commercial (C2) w/residential (R2) and is in the path of progress for future commercial redevelopment opportunity on the east retail corridor. Access from 3rd street shared with Club Pioneer & from Laughlin/7th Street. Strong rental occupancy history from the 2 front cottage homes w/additional income generated from renting the owner occupied large home. C2 zoning allows most commercial uses, rare & unique land bank for future commercial /multi-family redevelopment. Close to Grocery Outlet, Ochoco Plaza, adjacent to Club Pioneer. Versatility lives here. Heritage property within its own well-maintained oasis & park-like setting with common areas.
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