James & Angie Smith

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Listing provided courtesy of HORSEPOWER REAL ESTATE- MLS# 24490815MLS Provider

54128 HIGHWAY 31Summer Lake, OR 97640

Commercial · 1,460 Sq. ft. | 0.57 Acres
$349,000 Active

54128 HIGHWAY 31 Overview

Time on Site:
636 days
Visits:
30

Opportunity awaits in the beautiful town of Summer Lake! The Summer Lake Store is available for purchase for the first time since the 90's. This small business has a variety of income streams including the convenience store, gas & diesel pumps, propane, shop and post office. It is also zoned A3 which means there may be opportunity for even more on this parcel. Buyer to perform due diligence on zoning and possibilities for the property. This is your chance to own a profitable business while enjoying the outdoor recreation, picturesque views and charming rural lifestyle that Summer Lake has to offer. Don't miss out on this opportunity!

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54128 HIGHWAY 31 Facts & Features

  • Type Commercial
  • Sq. ft. 1,460
  • Price/Sq.ft. $239
  • Lot 0.57 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1970
  • Year Established: 1970

Business Information

  • Business Name: Summer Lake Store
  • Current Use: Grocery,Other

Location/Region

  • Country: US
  • County Or Parish: Lake
  • MLS Area Major: 310 - Lake County

Tax Information

  • Tax Annual Amount: 1092.0
  • Tax Year: 2022

General Information

  • Inclusions: Building,Equipment,Land
  • Listing Terms: Call Listing Agent,Cash,Other
  • Parcel Number: 8437
  • Property Condition: Approximately
  • Property Sub Type: Business Opportunity
  • Property Type: Commercial Sale
  • Zoning: A3

Interior

Building Interior

  • Building Area Total: 1460.0

General Information

  • Cooling: Other
  • Heating: Other
  • Other Equipment: Fuel Tank(s)
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Off Street
  • Parking Total: 6.0

Lot Information

  • Lot Size Acres: 0.57
  • Lot Size Square Feet: 24829.0
  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Well

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Metal

General Information

  • Sewer: Standard Septic

54128 HIGHWAY 31 Neighborhood

Community

97640 (Summer Lake) Demographics

55
Median Age
Population Density (per sq. mile)
66%
College Educated
$50,455
Estimated Median Income
53
Estimated Total Home Owners
41
Estimated Total Renters
56% / 44%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

54128 HIGHWAY 31 Monthly Cost

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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

54128 HIGHWAY 31 Market Data

Based on the last 30 days in this zip code

$478,666
Average List Price
$219
Average Price per Square Foot
0
Properties Sold
122
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

54128 HIGHWAY 31 History

Date Event Value Agent
11/7/2024Source: Oregon Datashare Added to Database
November 07, 2024
10/1/2024Source: Regional MLS Added to Database
October 01, 2024