Property Description

Centrally located in town and right along the Clatskanie River, the building and location are prime for remodeling and built to suit. At the northwest corner of the only traffic light in town, the location has historical traffic counts of 7-10K+ cars per day. 4 HVACs are less than 10 years old & some newer exterior painting has been completed. The former lounge, banquet and upstairs service area are mostly original. The dining and kitchen areas have had flooring improvements removed to subfloor, and other decommission and demo work have been started. The layout allows flexible use of space, and drafts of possible floor plan use options are available, including approximate square footages. Will be sold as-is, where-is, seller to do no repairs. Twin City Bank is offering loan program to qualified buyers, please ask real estate agent for credit officer referral information. The asset will at a minimum require a new roof, flood insurance and safety repairs for financed buyers. Rehabilitation loan, small business/renovation loan or cash at close purchasers only.