$699,000

This extremely unique investment opportunity features 3.16 acres of riverfront land with approximately 150 feet of river access along the Chetco River. Historically known as the site of the Christmas Tree restaurant, the property currently has water and power. Regarding sanitation, a sewer line has been ran all the way up to Oak Street; however, connection would require the installation of a transfer pump and holding tank, subject to city verification.The land is currently zoned for multi-family use, which supports developments such as apartments, Multifamily dwellings, bed and breakfasts, or community structures and much more. Notably, the seller is open to considering offers contingent on rezoning the property back to C-4 Commercial, which would allow for restaurant, hotel, motel, business spaces, convention center and much more. I have attached the current zoning documentation and relevant paperwork for your review. While this one-of-a-kind property offers significant potential, please note that the buyer is responsible for conducting all necessary due diligence regarding specific buildability.