This property is unique and has the potential to be an income producer! With several events and landmarks near Merrill: The annual Potato Festival, the wildlife refuge on stateline rd, Tulelake Fair, Lava beds, captain jacks stronghold, Nearby Japanese internment camp museum, and waterfowl & duck hunting. If the hotel was updated and in working order, it could service the hunters and those traveling through during the busy seasons to experience these events. Upstairs has 8 rooms, and 1 bathroom. Downstairs has a living area/bedroom, storage, laundry room, bathroom and kitchen. There is a detached garage/shop and a nice sized side and back yard. Several of the rooms upstairs are down to the studs, so while there is added work, this also may provide an opportunity to change the room sizes a little easier because the majority of the demolition has already been completed. This property is only a block or so off of the main road through Merrill, and is waiting for a new owner to restore.
BUSINESS OPPORTUNITY! This recently built storage site currently features 22 storage units. The 16 larger units rent currently at $80 a month, and the 6 smaller units rent currently at rate of $50 a month. There is a 3-space covered parking area as well in which each space is currently rented for $50 a month.
The median home value in Merrill, OR is $167,500. This is lower than the county median home value of $272,800. The national median home value is $338,100. The average price of homes sold in Merrill, OR is $167,500. Approximately 57.61% of Merrill homes are owned, compared to 30.74% rented, while 11.65% are vacant. Merrill 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 Merrill real estate agent to arrange a tour today!
Merrill, Oregon has a population of 749. Merrill is more family-centric than the surrounding county with 40.11% of the households containing married families with children. The county average for households married with children is 26.21%.
The median household income in Merrill, Oregon is $48,438. The median household income for the surrounding county is $50,790 compared to the national median of $69,021. The median age of people living in Merrill is 36.4 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 13.5 inches per year, with 36 inches of snow per year.