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yourdomain > Corvallis > commercial > 2500ft2 - The Alpine Inn $675,000 (Monroe)

2500ft2 - The Alpine Inn $675,000 (Monroe)

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Posted : Saturday, December 16, 2023 11:06 AM

Reduced.
$675,000 was $695,000 Located in Monroe, the heart of Oregon's wine country.
The Alpine Inn is a restored 1912 Craftsman with 6 bedrooms and currently 2 bathrooms.
There is potential to put 4 more bathrooms in the closets of the upstairs bedrooms to make suites.
There have been only two other previous owners.
Currently it is operating as a boarding house but could be a Bed and Breakfast.
There is a full unfinished basement, detached garage (no value) and extra city lot.
The current rates of $40 a night are well below market rates.
Annual income is $78,000.
The property is being sold "as is".
Seller to do no repairs.
Escrow hold back for new roof.
Furnishings negotiable outside of Escrow.
Contingent on Seller closing on replacement property.

• Phone : NA

• Location : 980 Commercial St near 9th, Monroe,OR

• Post ID: 9096080237


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