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    352 2Nd St Pendleton, OR 97801

    Sponsored
    For Sale
    $499,000

    Downtown gem, 16,933 sq ft, huge potential.

    Property size:
    16,933 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional property presents a rare opportunity to acquire a historic landmark in the heart of downtown Pendleton, Oregon. The building, a beautifully preserved stone structure, boasts a substantial 16,933 square feet of space, thoughtfully divided across three levels. The main floor encompasses 6,493 square feet, offering ample room for various uses. A similarly sized basement, also 6,493 square feet, provides extensive storage or additional functional space. The upper floor adds another 3,947 square feet, creating versatile options for expansion or specialized areas. Beyond the main building, the sale includes two additional tax lots, providing nearly 10,000 square feet of paved parking – a significant advantage in a bustling downtown setting. The property's central location offers unparalleled visibility and accessibility. Its adaptable layout lends itself to a wide range of creative conversions, from an events center or office space to a brew pub, restaurant, bar, or even a unique vacation rental. The seller is willing to offer financing to a qualified buyer, making this remarkable property even more attainable. This is a truly unique opportunity to own a piece of Pendleton's history and shape its future. Don't miss this chance to acquire a property with such immense potential and character.

    Property Features for 352 2Nd St

    General Information

    Property type
    Specialty properties
    Square Feet
    16,933 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    1906
    Property Profile Location Intelligence

    Current Use by Public Records

    Schools

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pendleton
    County
    Umatilla
    State
    Oregon
    Longitude
    -118.7842
    Latitude
    45.67151

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    FAQs

    What type of property is this?
    Specialty property - Downtown gem, 16,933 sq ft, huge potential.
    Where is this specialty property located?
    The property is located at 352 2Nd St Pendleton, OR.
    What is the asking price?
    The asking price for this property is $499,000.
    (541) 276-0021
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    352 2Nd St Pendleton, OR 97801
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    Pendleton, OR 97801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    352 2Nd St Pendleton, OR 97801
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