This extremely unique investment opportunity features 3.16 acres of riverfront land with approximately 150 feet of river access along the Chetco River. Historically known as the site of the Christmas Tree restaurant, the property currently has water and power. Regarding sanitation, a sewer line has been ran all the way up to Oak Street; however, connection would require the installation of a transfer pump and holding tank, subject to city verification.The land is currently zoned for multi-family use, which supports developments such as apartments, Multifamily dwellings, bed and breakfasts, or community structures and much more. Notably, the seller is open to considering offers contingent on rezoning the property back to C-4 Commercial, which would allow for restaurant, hotel, motel, business spaces, convention center and much more. I have attached the current zoning documentation and relevant paperwork for your review. While this one-of-a-kind property offers significant potential, please note that the buyer is responsible for conducting all necessary due diligence regarding specific buildability.
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Listing Snapshot
Price
$799,000
Days On Site
20 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
3.16 Acres
Year Built
N/A
MLS® Number
284439838
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
4 hours ago
Listing updated with changes from the MLS®
3 weeks ago
Listing first seen on site
General Features
Acres
3.16
Disclosures
Disclosure
Land Lease
No
Property Sub Type
Multi Family
Utilities
Electricity ConnectedWater Connected
Zoning
R-3
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Exterior Features
Lot Features
Corner LotWaterfront
View
OceanRiver
Waterfront
Yes
Waterfront Features
River Front
Waterview
OceanRiver
Community Features
Financing Terms Available
CashConventional
MLS Area
_270
Roads
DirtGravel
Schools
School District
Unknown
Elementary School
Driftwood
Middle School
Azalea
High School
Brookings-Harbr
Listing courtesy of Tiffany Berg of Oregon Life Homes (541) 661-4979
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