Got a spare US$3.85 million? Oregon town could be yours

Got a spare US$3.85 million? Oregon town could be yours

The deal includes six houses and an apartment, industrial and commercial lots, a school and a building that once housed a gas station and general store.

Tiller Oregon town sale

SEATTLE: Aspiring property moguls take note – the town of Tiller, Oregon, is for sale, asking price just US$3.5 million. For an extra US$350,000, you can have the old school too.

The mostly uninhabited, unincorporated town about 225 miles (362km) south of Portland originally went up for sale in 2015, but that did not include the building that used to house the school, said Garrett Zoller, the owner of Land and Wildlife, the real estate firm selling the 250-acre (100-hectare) town.

Tiller Oregon town sale (1)

Salt Creek, which runs through the town of Tiller, Oregon. (Photo: Landleader/Garrett Zoller)

The current deal, at a reduced price, includes six houses and an apartment, industrial and commercial lots, and a building that once housed a gas station and general store. Adding the school, on an adjacent parcel, swing sets and all, would set a buyer back about US$3.85 million.

About 250 people live in the surrounding area. But aside from the family that owns and is now selling the town, only two residents remain in Tiller itself, a former teacher who lives next to the school, and the pastor of the local church. Neither of their parcels is for sale, Zoller said in a phone interview on Monday.

Tiller Post Office Oregon

Tiller Post Office. (Photo: Landleader/Garrett Zoller)

The emptying out of the town came as timber harvesting declined in the region and the town’s mill closed, he said.

“When the federal money started dwindling away for timber, basically the mill shut down,” Zoller said. “And when the mill shut down, a lot of the loggers started having to go away.”

The family that owns Tiller now, he said, accumulated the town lot by lot as other families left.

Tiller Elementary School Oregon

The Tiller Elementary School, swing sets and all can also be purchased as part of the deal. (Photo: Landleader/Garrett Zoller)

Daydreamers aside, a complete town could also be an opportunity for a developer, Zoller said, since part of the town has already been divided for a 13-acre (5-hectare) subdivision.

He said he had fielded calls from would-be buyers ranging from Chinese investors to people interested in starting medical facilities and hemp-growing operations.

Source: Reuters/hs

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