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0 Beds
24 Baths
8,120 sqft

$160,000

73 W Monroe St, Burns OR, 97720

Price per sqft$19.70
Built in1948
Property size8,120 sqft
Property typeResidential

Overview

Active

Updated 12 days ago

Commercial Redevelopment Opportunity - Former Motel in Burns: Located at 73 W Monroe Street in Burns, Oregon, this former motel property offers an opportunity for an investor, developer, or buyer looking for a commercial redevelopment project in the heart of Burns. Previously operated as the City Center Motel, the property consists of approximately 8,120 square feet of improvements situated on 0.42± acres of commercially zoned land. The existing motel contains 23 individual motel units, each with its own bathroom. An office area includes an attached 2-bedroom, 1-bathroom living quarters, providing additional space that was historically used in conjunction with the motel operation. The property also includes a separate laundry unit this is unusable. The motel is currently in significant need of repair and renovation. Depending on a buyer's plans and evaluation of the existing structures, the property may be considered for extensive rehabilitation or demolition and redevelopment. The commercial zoning provides an opportunity for buyers to explore a variety of potential future uses, subject to City of Burns zoning, permitting, and development requirements. Public property records identify the parcel as 23S 31E 7CD Tax Lot 10300 and confirm approximately 8,120 square feet of building area and commercial land use. The property is situated within Burns, providing convenient access to downtown businesses, shopping, services, and Highway 20. For the right buyer, this property presents an opportunity to reimagine an established commercial site-whether through restoration of the existing motel configuration or redevelopment for a new commercial use. Motel not currently in use but a couple units have fulltime renters.

$1,064/mo

Est. mortgage payment based on a $160,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
11985731

Interior Features

Bedrooms
0
Bathrooms
24
Basement
No

Exterior Features

Lot Size
0.42 Acres

Other Property Details

Taxes
$3,844
Tax Frequency
Annually

Courtesy of Jett Blackburn Real Estate Inc. with ,
Listing Contact:  

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