Property Description

Highly flexible mixed use buildings in the Light Industrial zone of Sisters that allows multiple uses (currently wood art production facilities and sound studio / previously daycare, textile & decor manufacturing, fulfillment center, church). 100% occupancy for 5+ years. Zero build lot line with lots of undeveloped property allowing opportunity to add additional buildings or income producing storage. Larger building 6528sf with flex space that is easily divisible into six units, currently includes a 250sf office, four bathrooms and two docks (one covered 2 double doors, one with roll up). Recently remodeled 820sf apartment on the second floor. Smaller building is currently two units totaling 2880sf. Each has its own bathroom and own power meter. Low maintenance buildings; well insulated; outer load-bearing walls for easy flex;Multiple views of Three Sisters Mountains; Few blocks from busy downtown. 6.0% cap rate based on proforma.