Chemult Commercial Property For
109329 The Dalles-California Hwy 97 Chemult, OR 97731
109329 The Dalles-California Hwy 97, Chemult, OR, 97731
$295,000
For Sale
$295,000
COMMERCIAL - Chemult, OR
Property Size1,907 SF
Lot Size0.17 Acres
Price / SF$154.69
Days on Market805
Property Features for 109329 The Dalles-California Hwy 97
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Alley, On Street, Parking Lot
- Window features
- Wood Frames, Vinyl Frames, Double Pane Windows
- Interior features
- Laminate Counters, Wired for Sound
- Exterior features
- Courtyard
- Standard status
- Active
- APN
- R168721
- Size
- 1,907 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 1354
Utilities
- Sewer type
- Septic Tank
- Heating system
- Natural Gas
- Cooling system
- Evaporative Cooling
- Water source
- Well
Building Details
- Year built
- 1929
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Hardwood, Laminate
- Building materials
- Frame
- Roof type
- Metal
- Additional Structures
- Mobile Home
Listing Agency
Dennis Haniford's Cascade Realty
(541) 536-1731
P.O. Box 426, La Pine, OR
Listed by
Loretta M Haniford-Crowley · License #201220365
(541) 410-9952
Added: May 4, 2024 Checked: Jul 17 at 7:06 pm
MLS# 220181889
Copyright © 2026 Oregon Data Share. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property features a locally owned and operated convenience store that has been serving the community since 1939. The property includes highway frontage and offers grocery, liquor, and deli sales, as well as hunting and fishing license sales. In addition to the store, there is a 1612 square foot manufactured home with a shop/garage. The property provides an opportunity to live and work on-site or rent out the home for additional income. The property has a lot size of 0.17 acres and the building size is 1907 square feet. It is located in Chemult, Oregon.
Key Highlights
- Highway‑front convenience store (Mountain Market) operating since 1939
- Property includes a 1,612 SF manufactured home plus a shop/garage
- Frame building with a metal roof; year built 1929
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.3k | $13.80 |
| − Vacancy | −$1.4k | −$0.72 |
| EGI | $24.9k | $13.08 |
| − OpEx | −$6.2k | −$3.27 |
| NOI | $18.7k | $9.81 |
1,907 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$267.3K
$233.9K – $311.9K
NOI $18,711 @ 7.0% cap · market cap 6.34%
Second Best
Retail
$236.1K
$206.6K – $275.5K
NOI $16,528 @ 7.0% cap · market cap 5.60%
Theoretical Best
Office A
$389.8K
$341.1K – $454.8K
NOI $27,285 @ 7.0% cap · market cap 9.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Commercial property with store, home, and highway frontage in Chemult.
Where is this grocery and convenience store located?
The property is located at 109329 The Dalles-California Hwy 97 Chemult, OR.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Highway‑front convenience store (Mountain Market) operating since 1939; Property includes a 1,612 SF manufactured home plus a shop/garage; Frame building with a metal roof; year built 1929
