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448 N Oregon Street Ontario, OR $ 2,250,000
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$ 2,250,000 Get more info
448 N Oregon Street
$ 2,250,000
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Share Save

448 N Oregon Street

Ontario, OR, 97914
$ 2,250,000
Baths0.0 Sq 24,640

Monthly Estimate*

$ 15,717

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Studio

Commercial Property for sale in Ontario, OR

for $2,250,000. This 24,640 square foot building was built in 1947 on a lot size of 2.02.

Huge price reduction on this property with a paved parking lot with 6 overhead lights, 182 parking spaces of which 4 are handicap, 4 rental units with a total of 12,000 square feet on the main level, an 8' walkway behind all of the main floor units, another 12,000 square feet on the lower level with a very large ramp & 9'4" clearance for access to a super "man cave" for whatever you need and a small office area of approximately 640 square feet on an upper level.

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Commercial Active

Price

$ 2,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,227

Style

Lot Size

2.02

Year Built

1947

Town/City

Ontario

County/Region

Malheur

MLS | Web ID

98871840
Features
General
Heating Forced Air Natural Gas
Cooling Central Air Evaporative Cooling
Utilities Sewer Connected
Roof Composition Other
Exterior Features Dock Paved Outside Area
Construction Materials Concrete Frame
Year Built 1947
Electric 220 Volts
Stories 2
Gross Income 252000
Business Type Commercial
Building Name 448 N Oregon Building
County Malheur
Net Operating Income 187376
New Construction N
Property Type Commercial Sale
HOA / Comm Assn N
Attached Garage N
Possible Use Land Suitable(Office Retail Industrial Retail Pad Other) Agriculture Suitable(Agribusiness) Industrial Suitable(Warehouse Manufacturing Business Park Distribution Warehouse Flex Space Office Showroo
Garage Y/N N
Building Features Ceiling Height (Ft): 12
Status Active
Directions W from I-84 on Idaho Ave to Oregon St (1 block past the railroad underpass) then N on Oregon to the property on the East side of Oregon which backs up to the UP Railroad.
City Ontario
Buyer Agent Compensation 2.5
Senior Community Y/N N
Zoning Description Industrial & see attached
MLS Area Ontario - 1600
Lot Size Square Feet 87991.2
Waterfront Y/N N
Carport Y/N N
Street Name Oregon Street
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 7227
Home Warranty Y/N N
Leasable Area 24640
Virtual Tour https://tourfactory.com/idxr3064097 https://tours.tourfactory.com/tours/tour.asp?t=3064097
Building Area Units Square Feet
Cap Rate 6.47
Buyer Agent Compensation Type %
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Interior
Flooring Concrete Wood
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Total Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
Living Area Units Square Feet
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Exterior
Parking Features 101+ Spaces Trailer Parking
Lot Features 1 - 4.99 Acres Railroad
Water Source City Service
Total Parking 182
Lot Size Area 2.02
Foundation Details Basement
Spa N
Building Area Total 24640
Lot Dimensions 336x250
Lot Size Acres 2.02
Road Surface Type Paved
Lot Size Units Acres
Door Features #Drive In/Grade-Lvl Doors: 1 #Dock High Doors/Loadings: 1
Open Parking Y/N N
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Internal Only
Street Number 1 448
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* Excluded Features
List By
Jeff Williams

Listing Agent

Coldwell Banker/Classic Proper

Broker

jeff.williams1@coldwellbanker.com

Email

Affordability Calculator

$16,319
Per Month
96%
4%
0%
Monthly Principal & Interest
$15,717
Monthly Property Taxes
$602
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
397929 Elementary School
397955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/16/2023$2,250,000 -22.41% Price Down
3/18/2023$2,900,000 Listed Price

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448 N Oregon Street, Ontario, OR, 97914 is a Commercial Property for sale at $2,250,000 with 24,640 sqft and a lot size of 2.02. 448 N Oregon Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 97914 which is in Ontario, OR

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