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Downtown La Grande Commercial Building

1108 Adams Ave, La Grande, OR 97850

For Sale
$235,000
Pending

Commercial building in downtown La Grande, Oregon, with parking.

Property Size1,800 SF
Lot Size0.06 Acres
Days on Market800

Property Features for 1108 Adams Ave

General Information

Standard status Pending
Size 1,800 SF
Lot size 0.06 Acres

Taxes and HOA fees

Annual Taxes $3,392
Listing Agency: Blue Summit Realty Group
Listed By: Patricia Glaze · License OR #850300158
Source: Exprealty
Added: Sep 6, 2024 Changed: Aug 8 Last Checked: Aug 8 at 6:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Summit Realty Group

Rey
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Investment Insights

Based on property information with market context.

The commercial building at 1108 Adams Avenue in La Grande, Oregon, is available for sale. This brick building features a historic safe and offers 1800 square feet of ground-level space, along with a half bathroom and storage area. The building is currently occupied by a tenant, but the business itself is not for sale. The property includes owned parking in the back with alley access, as well as street parking in front. Located on a historic tree-lined street in downtown La Grande, the building is situated on Main Street near City Hall, the Farmers Market, the Liberty Theatre, the Public Library, a health food store, and bookstores. Downtown La Grande is described as vibrant, with many activities and projects underway. The property is near Eastern Oregon University and Grande Ronde Regional Hospital, serving as a hub for Eastern Oregon's hiking, biking, wildlife, and water activities. The owners have recently replaced the roof.

Key Highlights

  • Prime downtown location on main street near City Hall, Farmers Market, Liberty Theatre, Public Library, and other businesses.
  • 1800 sq ft brick building in fine condition with half bathroom and storage.
  • Includes owned parking in back with alley access, plus street parking.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Law Firm Electrical Service HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

771
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97850, OR

17,197
Population
7,501
Households
2.3
Avg Household Size
37
Median Age
27%
College-Educated
94%
High-School Grad
320.2 sq mi
ZIP Area
54
Density / Sq Mi
$62,411
Median Household Income
$34,164
Median Earnings
$973
Median Rent
$264,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Pat's Alley — 1410 Adams Ave, La Grande, OR 97850

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building in downtown La Grande, Oregon, with parking.
Where is this storefront property located?
The property is located at 1108 Adams Ave La Grande, OR.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Prime downtown location on main street near City Hall, Farmers Market, Liberty Theatre, Public Library, and other businesses.; 1800 sq ft brick building in fine condition with half bathroom and storage.; Includes owned parking in back with alley access, plus street parking.
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