Currently the home of a successful business, this versatile 1,117 sqft property is also zoned for residential use. Originally built as a home, the interior was redesigned for commercial use but could be reimagined as a residence. This property offers a unique opportunity for a variety of future uses in a great location. You could possibly even add a second dwelling or structure on the back side of the property (which is currently a spacious parking lot). Sellers are willing to negotiate occupancy timelines to accommodate the future owner's plan/needs. It's very hard to beat this value for this price point! With some simple tweaks this property could qualify for residential financing (ask listing agent how!) buyers should verify financing options and intended use with their lender and local authorities.
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Listing courtesy of Murphy Real Estate Group LLC, agent Mary Murphy
Data last updated July 12, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
A rough estimate, not a quote. A real number comes from a lender.
Loan amount $279,000 · $70,000 down · 30 year term
Monthly cash flow, cap rate, and cash-on-cash return at this price. Every number is an estimate you can adjust to your own financing and rent.
Estimate $1,750 ($1,500–$2,000) · starting estimate. Edit to your own number.
At $349,000 with 20% down, this property runs $770 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
We pull climate risk data from FEMA flood maps, the Deschutes County wildland-urban interface map, and NOAA heat trends. Detailed scoring for this property is on request.
Get the climate reportWe compute vacation rental projections from comparable short-term rentals in the same community, weighted by bed count, view, and amenities. A custom projection for this property is on request.
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