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444 Broadway Ave Burns, OR 97720

Sponsored
For Sale
$250,000

High-Yield Retail Property, 100% Occupied

Property size:
5,088 SF

Description

Added:
Feb 11, 2025
Days on Market:
330
This exceptional retail investment opportunity in downtown Burns, Oregon, presents a 5,088 square foot building on a 0.23-acre lot, featuring two separately metered units currently leased at 100% occupancy. Built in 1909 and renovated in 2019, the property boasts a 5.76% cap rate and a strong NOI of $14,400. The south unit showcases a remodeled interior with exposed beams, tongue-and-groove ceilings, polished concrete floors, and a large open showroom concept, while the north unit houses a long-standing, well-established business. Both units benefit from a shared rear parking area and separate HVAC systems installed in 2019. The property is zoned Commercial General and is ideally suited for an owner-user seeking a profitable venture or an investor looking for a low-maintenance, high-return investment in a revitalizing downtown area with high daily traffic. The month-to-month leases offer flexibility, and the property is eligible for a 1031 exchange. This is a rare opportunity to acquire a well-maintained, income-producing property in a growing Oregon community. The property's strong tenant base and prime location make it an attractive investment for both short-term and long-term growth.

Property Features for 444 Broadway Ave

General Information

Property type
Individual retail properties
Square Feet
5,088 SF
Lot Size
10,019 SF

Building Details

Year Built/Renovated
1909/2019
Buildings
1
Stories
1
Units
2

HighLights

  • $250,000 asking price for a 5,088 square foot retail storefront in downtown Burns, Oregon.
  • 5.76% cap rate with a $14,400 annual net operating income (NOI).
  • 100% occupancy with two tenants on month‑to‑month leases.
  • Located on a 0.23‑acre lot with ample parking.
  • Building features include a 2019 renovation, exposed beams, and polished concrete floors.
  • Property is zoned Commercial General and is suitable for a 1031 exchange.
Property Profile Location Intelligence

Current Use by Public Records

Burns Trading Post Thrift Store

Suggested Use

Realty agency Restaurant Law Firm 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
Burns
County
Harney
State
Oregon
Longitude
-119.0547949
Latitude
43.5894391

FAQs

What type of property is this?
Individual retail property - High-Yield Retail Property, 100% Occupied
Where is this individual retail property located?
The property is located at 444 Broadway Ave Burns, OR.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: $250,000 asking price for a 5,088 square foot retail storefront in downtown Burns, Oregon.; 5.76% cap rate with a $14,400 annual net operating income (NOI).; 100% occupancy with two tenants on month-to-month leases.
More about this property
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