20
See all 20 photos
$3,200,000
Est. payment /mo
12,216 SqFt
New
100 Lundgren Mill DR Sisters, OR 97759
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,216 sqft
Price per Sqft $261
Subdivision Three Sisters Bus Pk
MLS Listing ID 220210081
Year Built 2023
Annual Tax Amount $26,208
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 0.61
Property Description
Completed in 2023, the ClearPine Building is a brand-new mixed-use property offering a rare blend of commercial and residential space in the heart of Sisters' growing industrial district. Priced well below replacement cost, the building totals 12,216 square feet, including 6,125 RSF of ground floor commercial space, 1,566 RSF of second-floor commercial space, and 4,525 SF of second-floor residential apartments. This versatile design provides an attractive opportunity for both owner-users and investors seeking modern space with strong income potential.
The property already benefits from established tenancy, generating $123,912 in annual rental income. One ground-floor suite is leased to Sisters Physical Therapy, while all three second-floor residential apartments are fully leased. This built-in stability provides reliable cash flow while still leaving significant space available for an owner-occupant or additional tenants.
The property already benefits from established tenancy, generating $123,912 in annual rental income. One ground-floor suite is leased to Sisters Physical Therapy, while all three second-floor residential apartments are fully leased. This built-in stability provides reliable cash flow while still leaving significant space available for an owner-occupant or additional tenants.
Location
State OR
County Deschutes
Community Three Sisters Bus Pk
Interior
Heating/Cooling Zoned
Exterior
Parking Features Parking Lot
Roof Type Membrane
Parking Parking Lot
Building
Foundation Slab
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 253213
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Compass Commercial Real Estate
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