511 W Cascade Avenue, Sisters, OR 97759

$2,422,500
Property Type: Commercial Sale Square Footage: 3,384 Lot Size (sq. ft.): 34,412 Status: Closed
Current Price: $2,422,500 List Date: 9/10/2024 Last Modified: 2/10/2026

Overview

Description

Fantastic opportunity to purchase a Boutique style lodge with 11 updated Units in beautiful Sisters Or. Each unit has been updated and many have a small kitchenette component to make your stay more enjoyable. The property features a managers living quarters and many on-site amenities such as a bike repair station, an enclosed dog run, and an outdoor fire-pit for guests to gather in the evening. This property is walking distance to all the restaurants and shops in downtown Sisters. The property has a strong income history and information will be made available upon signing a non disclosure agreement.

Listing Details MLS# 220189603

General Property Information

Building Area Total
3384
Building Area Source
Assessor
Building Area Units
Square Feet
# of Units Total
11
Year Built
1949
New Construction YN
No
Zoning
DC
Tax Annual Amount
9875.06
Tax Year
2023
CC&R's YN
No
Preferred Escrow Company & Officer
Western Title - Yvonne Ward
FIRPTA YN
No
Sign On Property YN
No

Property Features

Additional Features: Common Area; Laundry Facility; Living Area in Building; Manager's Quarters Basement: None Common Walls: 2+ Common Walls Construction Materials: Frame Cooling: Wall/Window Unit(s) Flooring: Carpet; Laminate Foundation Details: Slab Heating: Electric Levels: One Roof: Composition Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Business Type (AKA Sub Type): Hospitality Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Insurance; Interior Maintenance; Janitorial Service; Repairs; Sewer; Taxes; Water; Other Flood: N/A Utilities: Electricity Connected Lot Features: Garden; Landscaped; Level Parking Features: Assigned; Gravel Road Frontage Type: Shared Access View: Neighborhood Power Production: None Sewer: Public Sewer Water Source: Public Listing Terms: Cash Special Listing Conditions: Standard

Location Tax and Legal

Street Number
511
Street Dir Prefix
W
Street Name
Cascade
Street Suffix
Avenue
County
Deschutes
State
OR
Postal Code
97759
Subdivision Name
New Sisters Village

Contract Information

Original List Price
2695000
Listing Contract Date
2024-09-10
Dual Listing YN
No

Remarks and Miscellaneous

Public Remarks
Fantastic opportunity to purchase a Boutique style lodge with 11 updated Units in beautiful Sisters Or. Each unit has been updated and many have a small kitchenette component to make your stay more enjoyable. The property features a managers living quarters and many on-site amenities such as a bike repair station, an enclosed dog run, and an outdoor fire-pit for guests to gather in the evening. This property is walking distance to all the restaurants and shops in downtown Sisters. The property has a strong income history and information will be made available upon signing a non disclosure agreement.

Status Change Information

Close Date
2025-01-07
Under Contract Date
2024-11-15
Status Change Timestamp
2025-01-08
Close Price
2422500
Sold Price per SqFt
715.87

More Information

Currently Not Used

List Price per SqFt
796.39

Business Details

Business Included?
No

Parking Details

Parking
Yes
# of Parking Spaces
10
Listing Office: Coldwell Banker Commercial Realty
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.