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    448 Oregon St Ontario, OR 97914

    Sponsored
    For Sale
    $1,750,000

    Large building, ample parking, inventory options.

    Property size:
    24,640 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 24,640 square foot commercial property, situated on a 2.02-acre lot at 448 N Oregon Street in Ontario, Oregon, presents a unique investment opportunity. The building, spanning two floors, currently operates as a thriving retail-wholesale antique business. The expansive space includes 12,000 square feet dedicated to showcasing inventory, complemented by an additional 12,000 square feet of storage for processing and managing incoming goods. The property boasts 182 well-lit parking spaces, ensuring ample convenience for customers and employees. The sellers are currently developing an art and library display across four distinct areas within the building, adding further potential for diversification and increased revenue streams. This property offers three distinct acquisition scenarios: Purchase the building alone for $1,750,000

    Property Features for 448 Oregon St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    24,640 SF
    Lot Size
    87,991 SF

    Building Details

    Year Built
    1947
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ontario
    County
    Malheur
    State
    Oregon
    Longitude
    -116.9609
    Latitude
    44.03048

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    FAQs

    What type of property is this?
    Commercial real estate - Large building, ample parking, inventory options.
    Where is this commercial real estate located?
    The property is located at 448 Oregon St Ontario, OR.
    What is the asking price?
    The asking price for this property is $1,750,000.
    (208) 642-9316
    Request Owner's contact information
    448 Oregon St Ontario, OR 97914
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    448 Oregon St
    Ontario, OR 97914
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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
    448 Oregon St Ontario, OR 97914
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