52650 Highway 97, La Pine, OR 97739

$3,000,000
Property Type: Commercial Sale Square Footage: 33,140 Lot Size (sq. ft.): 97,139 Status: Closed
Current Price: $3,000,000 List Date: 3/04/2019 Last Modified: 2/10/2026

Overview

Description

233 unit self storage facility on Highway 97, includes a recent expansion and paving of the entire facility. The facility is fenced, has a security gate and cameras for 24/7 monitoring. All metal construction surrounded by asphalt for clean and easy access. There is a manager's apartment with an attached office for the manager, and a kiosk where customers can have 24 hour access to rent a unit on site. The expansion is now fully operational.

Listing Details MLS# 201901321

General Property Information

Building Area Total
33140
Year Built
2019
New Construction YN
Yes
Building Permit #
CLA
Estimated Completion Date
2019-01-31
Zoning
LPMUC
Tax Annual Amount
4890
Tax Year
2019
CC&R's YN
No
Preferred Escrow Company & Officer
AmeriTitle - Diane Sullivan
FIRPTA YN
No
Sign On Property YN
No

Property Features

Cooling: Central Air Flooring: Concrete Foundation Details: Slab Heating: Wall Furnace Levels: One Roof: Metal Existing Lease Type: Month To Month Business Type (AKA Sub Type): Income/Investment; Other Owner Pays: Electricity; Exterior Maintenance; Gas; Insurance; Repairs; Sewer; Taxes; Water Tenant Pays: Insurance Lot Features: Fenced Miscellaneous Information: Overhead/Dock Doors Parking Features: Asphalt; Parking Lot View: Territorial Sewer: Public Sewer Water Source: Public Listing Terms: Cash

Location Tax and Legal

Street Number
52650
Street Name
Highway 97
County
Deschutes
State
OR
Postal Code
97739
Subdivision Name
CLAL

Contract Information

Original List Price
3388321
Listing Contract Date
2019-03-04

Remarks and Miscellaneous

Public Remarks
233 unit self storage facility on Highway 97, includes a recent expansion and paving of the entire facility. The facility is fenced, has a security gate and cameras for 24/7 monitoring. All metal construction surrounded by asphalt for clean and easy access. There is a manager's apartment with an attached office for the manager, and a kiosk where customers can have 24 hour access to rent a unit on site. The expansion is now fully operational.

Status Change Information

Close Date
2019-12-09
Under Contract Date
2019-12-01
Status Change Timestamp
2019-12-09
Close Price
3000000
Sold Price per SqFt
90.525

More Information

Currently Not Used

List Price per SqFt
102.2426

Income and Expenses (Annual Amounts)

Cap Rate %
6.5
Estimated Gross Operating Income $
343956
Estimated Total Expenses
99638
Net Operating Income
220241
Vacancy %
7

Miscellaneous Information

# Overhead/Dock Doors
233
Backup Package Available
Yes
Confidentiality/Non-Disclosure Agreement
No

Parking Details

Parking
Yes
Listing Office: Cascade Hasson Sotheby's International Realty
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.