Positioned in the center of the ongoing revitalization of Blue River, this unique offering includes two lots totaling .39 acres and presents an exceptional opportunity for investors, builders, entrepreneurs, or anyone looking to be part of the future of this growing mountain community. The property offers incredible flexibility with county-identified allowable uses that create a wide range of possibilities. Potential uses include up to two single-family dwellings, multi-family development, bed & breakfast use, residential home with home office, along with commercial opportunities such as retail space, restaurant, office space, clinic, light industrial uses, and other public use opportunities. Certain commercial uses may require Type I or Type II approval depending on the nature of the proposed development. Significant community investments are already underway, with the new library, medical clinic, and fire station already rebuilt, while the local market and store are currently in development, signaling strong momentum for the future of this incredible mountain town.As Blue River continues its comeback, opportunities like this are becoming increasingly rare. Whether your vision is development, investment, commercial opportunity, mixed-use potential, or creating something entirely your own, this property places you right in the middle of one of the most exciting redevelopment stories along the McKenzie River corridor. Buyer to perform all due diligence regarding intended use, development potential, zoning, and county requirements.