Imagine the possibilities! This is an amazing opportunity to own the building that once housed the oldest restaurant in Lane County, the Riverside. It sits on a stretch of McKenzie Highway that yearns for a restaurant, bar and hotel. The 3 bedroom 2 bath attached apartment offers a great live/work opportunity, or a place for staff or on site chef to stay. The large dining room and separate bar area give plenty of options to let your imagination run wild. There are several income options, including the potential for lottery, 4 motel rooms, and across the highway there is even river frontage on a tax lot that is included that sits wild and natural now, but just imagine what it could be! It is a fixer and ready for your upgrades, and is priced as the fixer it is as it sits. Turn this building into your own business, or turn it into an awesome 7 bedroom house! The possibilities are endless. As the seller makes improvements the price will increase. Get in while the gettin's good and do things your way at this low price.
The median home value in Walterville, OR is $525,600. This is higher than the county median home value of $416,200. The national median home value is $338,100. The average price of homes sold in Walterville, OR is $525,600. Approximately 78.23% of Walterville homes are owned, compared to 10.28% rented, while 11.49% are vacant. Walterville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Walterville real estate agent to arrange a tour today!
Walterville, Oregon 97489 has a population of 954. Walterville 97489 is less family-centric than the surrounding county with 14.38% of the households containing married families with children. The county average for households married with children is 25.61%.
The median household income in Walterville, Oregon 97489 is $62,169. The median household income for the surrounding county is $59,016 compared to the national median of $69,021. The median age of people living in Walterville 97489 is 49 years.
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 34.3 degrees. The average rainfall is approximately 60.2 inches per year, with 2.1 inches of snow per year.