87958 8TH ST, Veneta, OR 97487

Property Description

RARE 1-ACRE DEVELOPMENT OPPORTUNITY IN THE HEART OF VENETA! Investors, builders, and developers - this is the opportunity you've been waiting for! Ideally situated near downtown Veneta and a block from the brand-new Bolton Hill Sports Complex, this expansive 1-acre property offers incredible potential in a highly desirable in-town location. Connected to city services, the property presents an exciting opportunity for future development, with current city code potentially allowing up to 8 residential units (buyer to verify all development possibilities with the City of Veneta). The property currently features an 888-square-foot, 2 bedroom, 1 bathroom home in need of extensive renovation or possible removal, along with an additional Tuff Shed for storage. The true value lies in the LAND, LOCATION, and DEVELOPMENT POTENTIAL! With its generous acreage, access to city utilities, proximity to downtown amenities, and location across from a beautiful new sports complex, opportunities like this are increasingly hard to find. Whether you're envisioning a multi-unit residential development, an investment project, or a long-term land hold, this property offers an exciting canvas for the right buyer. Sold strictly AS-IS. CASH ONLY. Buyer to perform all due diligence regarding zoning, development potential, utilities, and permitted uses. Don't miss this rare opportunity to invest in the future of Veneta!