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120 Hussey AVE Cave Junction, OR 97523
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Key Details
Sold Price $225,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,422 sqft
Price per Sqft $65
MLS Listing ID 220194270
Sold Date 05/05/25
Year Built 1945
Annual Tax Amount $2,018
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 0.37
Property Description
Fantastic investment opportunity! This unique property offers a fully operational business, equipment, and prime real estate with commercial zoning on a spacious .37-acre lot. Conveniently located near US-199, parks, restaurants, and schools, this property has excellent visibility and accessibility. The downstairs features a profitable laundromat, averaging $4,821 in gross monthly income over the last nine months, with a 2022 gross income of $85,715 and a 2023 gross income of $67,914 (apartment rent not included in gross income). All equipment is included, making this a turnkey business ready for continued success.Upstairs is a cozy 2-bedroom apartment renting for $400/month, complete with a living room, kitchen, and bathroom, offering additional income potential or an ideal owner-operator living space. Don't miss this rare opportunity to own a versatile property with stable income streams and endless potential for growth!
Location
State OR
County Josephine
Direction Redwood Ave (US-199S), R on Lister St, L on S Hussey Ave
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Gravel, No Garage
Roof Type Composition
Building
Entry Level Two
Foundation Other
Water Public
Structure Type Frame
New Construction No
Others
Senior Community No
Tax ID R329940
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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