Hermiston, OR Commercial Real Estate for Sale

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Stanfield, OR Umatilla, OR Plymouth, WA Irrigon, OR Echo, OR Kennewick, WA Boardman, OR Prosser, WA

18 properties

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Updated: Aug 21

RR-4 Agricultural Land

Cooney Ln, Hermiston, OR 97838

$799,999

22.23 AC lot

22.23‑acre agricultural land parcel
RR‑4 zoning
19.4 acres of water rights identified for due diligence
Rural setting on Cooney Ln in Hermiston, Oregon

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Updated: Apr 16

CommercialSale, Hermiston, OR

120 W THEATER Ln, Hermiston, OR 97838

$600,000

77,101 sqft 1.87 AC lot

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Cleared C-2 Commercial Land

221 W Beech Ave, Hermiston, OR 97838

$65,000

0.23 AC lot

Level corner parcel with commercial zoning and development-ready site characteristics.

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Restaurant Building

1619 N 1st St, Hermiston, OR 97838

$1,850,000

6,773 sqft

Sale includes the building and underlying real property, with restaurant FF&E excluded.

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C-2 Commercial Land

810 EVELYN St, Hermiston, OR 97838

$699,900

2.46 AC lot

Level commercial land with C-2 zoning and completed soil testing, positioned near Highway 395 in Hermiston.

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Irrigated Acreage with Water Rights

B and B Ln, Hermiston, OR 97838

$224,950

4.23 AC lot

Irrigated farmland offering substantial water rights and a buildable setting for a flexible residential or hobby use.

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Irrigated Land in Umatilla County

B and B Ln, Hermiston, OR 97838

$224,950

4.01 AC lot

4.01 acres with 3.9 acres of water rights.

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Downtown Storefront Building

190 E Main St, Hermiston, OR 97838

$315,000

2,989 sqft

A current tenant occupies this C-1 commercial property, with a rear entry leading to a parking lot.

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2-Suite Storefront

222 E Main ST, Hermiston, OR 97838

$249,000

1,875 sqft

Two commercial units provide separate spaces for distinct business operations.

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Light Industrial Zoned Land Parcel

1250 E Airport Rd, Hermiston, OR 97838

$675,000

1,404 sqft 7.19 AC lot

For sale level industrial land with M-1 (Light Industrial) zoning, described as suitable for equipment sales or light industrial development.

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Irrigated Hay Farm with Custom Home

31473 Bensel Road, Hermiston, OR 97838

$1,399,000

38 sqft

Established agricultural property with pivot irrigation, livestock improvements, extensive shop space, and a renovated single-level residence.

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Highway-Fronting Commercial Development Site

196 NE Van Arsdale Ln, Hermiston, OR 97838

$427,500

0.87 AC lot

Commercial C-2 zoned parcel with utility infrastructure at the southwest corner along Highway 395 in Hermiston.

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Level Commercial Development Parcel

810 Evelyn St Unit 1, Hermiston, OR 97838

$449,900

Commercially zoned land with a completed soil test, positioned just off Highway 395 near Hermiston.

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Hermiston, Oregon Popeyes For Sale

1680 N 1st St, Hermiston, OR

Contact for pricing

2,536 sqft 1.35 AC lot

Popeyes restaurant in Hermiston, Oregon with long-term NNN lease.

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Agricultural Horse & Livestock Property

33149 Kuhn Ln, Hermiston, OR 97838

Contact for pricing

27.22 AC lot

Agricultural property with water rights and a half pivot irrigation system suitable for paddocks, arenas, and livestock support.

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Three-Property Gas Station Portfolio

1655 North 1st Street, Hermiston, OR 97838

Contact for pricing

Oregon portfolio combining gas station operations with associated convenience retail businesses.

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Cleared C-2 Commercial Lot

221 W Beech Ave, Hermiston, OR 97838

$65,000

Level corner parcel with established utilities in the surrounding area.

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Retail Development Land Site

1619 N 1st Ave, Hermiston, OR 97838

Contact for pricing

6,773 sqft

Commercial land site located in front of Home Depot with street frontage, access, and parking.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Hermiston, OR, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

Off-Market Properties in Hermiston, OR

Consider similar Off-Market properties in Hermiston, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

COMMERCIAL (GENERAL)

1915 4th St, Hermiston, OR 97838-1370

Estimated value: by Request

46,860 sqft 3.54 AC lot

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SERVICE SHOP (TV, ELECTRIC, PLUMBING)

1835 1st Pla, Hermiston, OR 97838-6665

Estimated value:

$1,555,000

44,544 sqft 2.64 AC lot

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SERVICE STATION (FULL SERVICE)

Hermiston, OR 97838

Estimated value:

$275,000

200 sqft 1.06 AC lot

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SERVICE STATION (FULL SERVICE)

255 Hwy 395, Hermiston, OR 97838-2483

Estimated value:

$725,000

4,640 sqft 0.42 AC lot

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COMMERCIAL (GENERAL)

1650 Sunland Ave, Hermiston, OR 97838-8428

Estimated value:

$9,370,000

61,824 sqft 5.00 AC lot

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SERVICE STATION (FULL SERVICE)

55 Elm Ave, Hermiston, OR 97838

Estimated value:

$285,000

240 sqft 0.23 AC lot

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Hermiston, OR Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Hermiston, OR, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 99,489 square feet of properties for sale, with an estimated market value of $8,045,199.

Sale prices for business properties in Hermiston, OR start at $65,000, averaging $574,657, and reaching up to $1,850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Hermiston, OR CRE market trends — vacancy, lease rates and price per SF, updated monthly

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Demographics Overview

Population 28K

Population Growth (5Y) +7.4%

Median Household Income $76,032

College Educated 21.9%

High-Yield Neighborhoods for Investment

Identify Hermiston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
97838	$623.4K

Taxes & Financing

Tax Rate (average for all types) 1.86%

Property Tax per SF $28.78 per SF

Tax Rate vs County Average 0.13 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Umatilla County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hermiston fall within the 10,000 to 25,000 square foot range.

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