31015 S Hwy 101

    Hebo, OR 97122
    • $399,900
    • STATUS: Active
    • ON SITE: 150 days
    • MLS #: 19353104
    UPDATED: 39 min ago
    $399,900
    • 8
      BEDS
    • N/A
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Information

    Elementary School:
    High School:

    Description

    Opportunity to own the Hebo Inn Restaurant & 7 units on two tax lots. Bring your vision to restore a one of Oregon's Iconic buildings as it sits in prime location at the cross roads of Hwy 101 & hwy 22 high coastal traffic area. Property has 4 units south building & 3 units above restaurant. Restaurant needs to be revamped to its glory days, still has most of the systems and accessories. Property has 18 parking spots.

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    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon. Data last updated 2020-01-17T22:59:11.617.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
    pdx.ppghomesearch.com/homes/98093292

    31015 S Hwy 101 Hebo, OR 97122

    • Price: $399,900
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 19353104
    8
    Beds
    7
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,000
    SQFT
    $80
    $/SQFT
    1937
    Built
    Neighborhood:
    195-Tillamook County
    County:
    Tillamook
    Area:
    195-Tillamook County
    Elementary School:
    Nestucca Valley
    High School:
    Nestucca
    Property Description
    Opportunity to own the Hebo Inn Restaurant & 7 units on two tax lots. Bring your vision to restore a one of Oregon's Iconic buildings as it sits in prime location at the cross roads of Hwy 101 & hwy 22 high coastal traffic area. Property has 4 units south building & 3 units above restaurant. Restaurant needs to be revamped to its glory days, still has most of the systems and accessories. Property has 18 parking spots.
    Exterior Features

    Exterior Description CedarCement Siding Garage Or Parking Spaces 18 Lot Description Corner Lot Lot Size 5000 To 6999 Sqft Parking Features Paved Roof Type Flat View YN No Water Description Public

    Interior Features

    Cooling Description Wall Unit(S) Foundation Details Block Heating Description Forced Air - 90% Hot Water Description Electricity Unit Features MicrowaveRangeRefrigerator Unit Type1 Features RangeRefrigerator Unit Type2 Features MicrowaveRangeRefrigerator Unit Type4 Features MicrowaveRangeRefrigerator Unit Type5 Features RangeRefrigerator Unit Type6 Features RangeRefrigerator Unit Type7 Features RangeRefrigerator

    Property Features

    Bank Owned YN No Capitalization Rate 0.00 Country Us Fuel Description Electricity Gross Income Actual 21600 Gross Income Projected 54600 Gross Rent Multiplier 18.51 Net Income Actual 15 Net Income Projected 40000 Occupancy Types Month To Month Operating Expenses Actual 6600 Operating Expenses Projected 14600 Property Condition Fixer Rent Includes SewerWaterMaintenance Grounds Security Features EntrySidewalk Seller Disclosure Disclosure Sewer Description Septic TankPublic Sewer Short Sale YN No Storage Attic Tax Amount 1187.00 Third Party Approval YN No Unit Type1 Units Total 1 Unit Type2 Rent 600 Unit Type2 Units Total 2 Unit Type3 Rent 700 Unit Type3 Units Total 3 Unit Type4 Rent 600 Unit Type4 Units Total 4 Unit Type5 Rent 600 Unit Type5 Units Total 5 Unit Type6 Rent 0 Unit Type6 Units Total 6 Unit Type7 Rent 0 Unit Type7 Units Total 7 Zoning Cc

    Listing provided courtesy of The Brokerage House.
    The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Premiere Property Group LLC are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2020 RMLS™, Portland, Oregon. Data last updated 2020-01-17T22:59:11.617.Data deemed reliable but not guaranteed.

    Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed accurate by RMLS™ or Premiere Property Group LLC and should be independently verified.
     
    Premiere Property Group LLC
    5000 Meadows Rd. Suite 150
    Lake Oswego OR, 97035