This is a fantastic opportunity to own commercial acreage zoned for multiple uses known as the Downtown Otis Business District! This property consists of a total of 184.8 acres. 2 rental houses, a barn with 19 stalls, dispensary, pizzeria, gas station, post office, Coffee shop is tenant owned (on land lease), fishing club, horse pasture, seasonal farmers market, grange hall, café (in process of rebuilt from fire). Property has a gross income of $240,253 per year with several long term tenants in place. Otis is located just a ten minute drive from the gorgeous central Oregon Coast with miles of Sandy beaches. Please do not disturb tenants, no showings without an acceptable offer.
Updated: 28th March, 2023 10:52 AM (UTC)
Listing Agent: Dennis M Regen
Listing Office: Taylor & Taylor Realty Company