Multi-Residential Zoned Property

c.1954 Commercial & Multi-Residential Zoned Property in Oregon $85K

OHU50K Notes     $85,000

c.1954 Commercial & Multi-Residential Zoned Property in Oregon. This is quite the opportunity for someone looking to broaden their portfolio. This property sits right in town and is close to multiple lakes.

Realtor Comments

Formerly commercial zoning, this 4,233 sq. ft. building has endless possibilities with town approval and permitting. Now zoned multi-residential. It is in the town of Lakeview’s opportunity zone! Customer parking is in front and along the south side. This is a big, solid building with metal siding & metal roof, thick walls and concrete floor. The front doors open into the former lobby & retail space. It has a full bathroom with shower, 3 walk-in refrigerated rooms (1 was a wine cooler), a walk-in freezer, kitchen space with propane & electric hook ups, large roll-up door & receiving area, cement apron for deliveries, an office and so much more! This building is in a residential area. It was operated as a custom meat shop/specialty food retailer & deli, offering a variety of food items, meat products, beer-on-tap & wine. The building also hosted popular weekend BBQs. Buyers please check with the city planning department about special uses, such as a barn-dominium, a home with an attached shop, a duplex, indoor storage units, a laundry mat, or? Please note, the last 3 photos show the building as a deli. The building & any equipment included in the sale are sold in “AS IS” condition.

  • 1 bed
  • 1 bath
  • 4,233 square feet
  • Build date 1954

 

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
207 N L St, Lakeview, OR 97630     $85,000

 

Pros of Lakeview, OR

1. Very affordable housing

One of Lakeview’s biggest advantages is cost:

  • Home prices are far below most Oregon towns
  • Land and acreage can be relatively inexpensive
  • Property taxes are moderate by West Coast standards

Many homes and rural properties are still attainable compared to places like Bend or Ashland.


2. Incredible outdoor access

Lakeview is surrounded by:

  • High desert landscapes
  • Warner Mountains
  • Hot springs
  • Hunting and fishing areas
  • Public lands and ranch country

Nearby recreation includes:

  • Goose Lake
  • Hart Mountain
  • Fremont-Winema National Forest
  • Warner Canyon Ski Area

It’s especially attractive for:

  • Hunters
  • Ranchers
  • Off-grid/homestead-minded people
  • RV and outdoors enthusiasts

Residents consistently mention the wilderness access as the best part of living there.


3. Quiet, low-traffic lifestyle

  • Very little congestion
  • Short commutes
  • Slower pace of life
  • Small-town familiarity

Average commute times are extremely short compared with national averages.


4. Generally low crime

Compared with many larger towns and cities, crime rates are relatively low, contributing to a strong “leave your doors unlocked” rural feel.


5. Strong rural community culture

Lakeview tends to attract people who like:

  • Conservative/ranching culture
  • Self-reliance
  • Tight-knit communities
  • Rural independence

Many residents describe locals as friendly and supportive once you become part of the community.


Cons of Lakeview, OR

1. Extremely remote

This is the defining downside.
Lakeview is far from major cities:

  • ~2.5 hours to Klamath Falls
  • ~3+ hours to Medford
  • ~6 hours to Portland

That remoteness affects:

  • Shopping
  • Healthcare
  • Employment
  • Travel
  • Entertainment

Several residents specifically describe the isolation as intense.


2. Limited job market

The economy is small and heavily tied to:

  • Ranching/agriculture
  • Government jobs
  • Healthcare
  • Small local businesses

Common complaints include:

  • Limited professional careers
  • Few higher-paying opportunities
  • Economic stagnation

Residents on review sites frequently mention lack of work opportunities unless you fit the local economy.


3. Sparse amenities

You’ll find basic essentials, but:

  • Limited restaurants
  • Very limited retail shopping
  • Few entertainment options
  • Minimal nightlife

One resident bluntly summarized it as “very little to do.”


4. Harsh climate

Lakeview sits at nearly 5,000 feet elevation (“Tallest Town in Oregon”):

  • Cold winters
  • Snow and ice
  • Dry windy conditions
  • Large temperature swings

The climate feels more like Nevada high desert than western Oregon rainforest.


5. Healthcare and services can be limited

Basic healthcare exists locally, but specialized care often requires long drives. This can be a serious drawback for retirees or people with ongoing medical needs.


6. Small-town social dynamics

Because the town is tiny:

  • Everyone knows everyone
  • Politics and culture lean conservative/rural
  • Social circles can feel closed to newcomers
  • Lack of diversity compared to larger Oregon towns

Some people love this atmosphere; others feel isolated socially.

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