possible long-term lease (99 year) with owner of tl 1000 adjoining this property (approx 130' Wallowa River Frontage)
fully equiped as turnkey restaurant;
equipment is very well maintained and has been used only from May through September each year (view equipment list)
this property has been under continuous family ownership as a restaurant since 1954 - this is the first time offered for sale.
current family owner is retiring after ownership since 1984.
property, building, business & equipment
priced together.
$1,500,000.00
qualified buyers only:
terms: cash only, no contracts
construction
concept
drawings
There were only three major changes
made to these drawings in building the actual structure:
1. deleted in-floor heating system
2. deleted large covered patio on sw corner (porch ends flush with west end of building)
3. river rock has not yet been applied to exterior concrete porch columns
equipment currently in use in the restaurant, and included in this sale view equipment list
media reviews
relating to this property
and the Wallowa Lake area
new york times
the New York Times reviews the real estate market in the Joseph/Wallowa Lake area in 2006
mentioned in the article are finer restaurants located at the south end of Wallowa Lake, one of which is Russells at the Lake
sunset magazine
web archive article from Sunset Magazine 2000 describing the "Wonderful Wallowas"
Russells at the Lake is mentioned as a "best bet" for dining, praising one of the house specialties: juniper trout
sunset magazine
online article from Sunset Magazine August 2007 describing Wallowa Lake
as one of the top 10 lakeside resorts
between Las Vegas and British Columbia
christine columbus travelog
online review of Joseph and Wallowa Lake
describing Russells as one of the
best restaurants she has found