Description
Completed in 2023, the ClearPine Building is a brand-new mixed-use property offering a rare blend of commercial and residential space in the heart of Sisters' growing industrial district. Priced well below replacement cost, the building totals 12,216 square feet, including 6,125 RSF of ground floor commercial space, 1,566 RSF of second-floor commercial space, and 4,525 SF of second-floor residential apartments. This versatile design provides an attractive opportunity for both owner-users and investors seeking modern space with strong income potential. The property already benefits from established tenancy, generating $123,912 in annual rental income. One ground-floor suite is leased to Sisters Physical Therapy, while all three second-floor residential apartments are fully leased. This built-in stability provides reliable cash flow while still leaving significant space available for an owner-occupant or additional tenants.
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0.61ACRES
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01/2 BATHS
School Ratings & Info
Description
Completed in 2023, the ClearPine Building is a brand-new mixed-use property offering a rare blend of commercial and residential space in the heart of Sisters' growing industrial district. Priced well below replacement cost, the building totals 12,216 square feet, including 6,125 RSF of ground floor commercial space, 1,566 RSF of second-floor commercial space, and 4,525 SF of second-floor residential apartments. This versatile design provides an attractive opportunity for both owner-users and investors seeking modern space with strong income potential. The property already benefits from established tenancy, generating $123,912 in annual rental income. One ground-floor suite is leased to Sisters Physical Therapy, while all three second-floor residential apartments are fully leased. This built-in stability provides reliable cash flow while still leaving significant space available for an owner-occupant or additional tenants.
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