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
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.
Supplements: ********
More Information MLS# 220189603
Location, Tax, and Legal
Section: Not Applicable
Parcel Number: 156076
Tax Map Number: 151008AA00
Tax Lot: 500
Lot Size Acres: 0.79
Lot Size Square Feet: 34412
Additional Parcels YN: No
Contract Information
Dual Listing YN: No
Original List Price: 2695000
Current Price: $2,422,500
Status: Closed
Sold Price: $2,422,500
Listing Contract Date: 2024-09-10
Currently Not Used
List Price per SqFt: 796.39
General Property Information
Building Area Total: 3384
Building Area Source: Assessor
Building Area Units: Square Feet
# of Units Total: 11
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
Year Built: 1949
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
Sold Price per SqFt: 715.87
Close Date: 2025-01-07
Under Contract Date: 2024-11-15
Status Change Timestamp: 2025-01-08
Close Price: 2422500
Additional Features
Common Area: 1
Laundry Facility: 1
Living Area in Building: 1
Manager's Quarters: 1
Business Type (AKA Sub Type)
Hospitality: 1
Basement
None: 1
Common Walls
2+ Common Walls: 1
Cooling
Wall/Window Unit(s): 1
Construction Materials
Frame: 1
Flooring
Carpet: 1
Laminate: 1
Listing Terms
Cash: 1
Foundation Details
Slab: 1
Flood
N/A: 1
Heating
Electric: 1
Levels
One: 1
Lot Features
Garden: 1
Landscaped: 1
Level: 1
Roof
Composition: 1
Security Features
Carbon Monoxide Detector(s): 1
Smoke Detector(s): 1
Road Frontage Type
Shared Access: 1
View
Neighborhood: 1
Business Details
Business Included?: No
Owner Pays
Common Area Maintenance: 1
Electricity: 1
Exterior Maintenance: 1
Gas: 1
Insurance: 1
Interior Maintenance: 1
Janitorial Service: 1
Repairs: 1
Sewer: 1
Taxes: 1
Water: 1
Other: 1
Parking Features
Assigned: 1
Gravel: 1
Power Production
None: 1
Sewer
Public Sewer: 1
Utilities
Electricity Connected: 1
Water Source
Public: 1
Parking Details
Parking: Yes
# of Parking Spaces: 10
Special Listing Conditions
Standard: 1
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
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
Listing Office:
Coldwell Banker Commercial Realty
Last Updated: February - 10 - 2026
Information deemed reliable but not guaranteed.