Description
Amazing opportunity to own a mixed use building, with development opportunities on the remaining 3 lots, AND an iconic restaurant, Richi's Place, gas station and two residences. Capitalize on the 550,000+ visitors each year going to Prineville Reservoir. This is the last stop, and closest place to the lake for all the visitors and campers alike. The restaurant has been covid proof through the shutdown, with over 800 homesites within a 3 mile radius, and many coming to get take out and keep the business alive. With over an 8.3% return and more on the upside, this is a property you don't want to miss.
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0BEDS
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1.53ACRES
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0BATHS
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01/2 BATHS
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3,575SQFT
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$245$/SQFT
School Ratings & Info
Listing courtesy of Bend Premier Real Estate Llc.Description
Amazing opportunity to own a mixed use building, with development opportunities on the remaining 3 lots, AND an iconic restaurant, Richi's Place, gas station and two residences. Capitalize on the 550,000+ visitors each year going to Prineville Reservoir. This is the last stop, and closest place to the lake for all the visitors and campers alike. The restaurant has been covid proof through the shutdown, with over 800 homesites within a 3 mile radius, and many coming to get take out and keep the business alive. With over an 8.3% return and more on the upside, this is a property you don't want to miss.
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