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    1619 N 1 Ave Hermiston, OR 97838

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    For Lease
    $8,500 /Mo ($15 SF/Yr)

    Prime retail location in Hermiston, Oregon with street frontage.

    Property size:
    6,773 SF
    Lot size:
    6,773 SF

    Property Features for 1619 N 1 Ave

    General Information

    Size
    6,773 SF

    Building Details

    Year built
    2009

    Source: Ashley Moala Agent Ashley Moala

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hermiston Retail Space For Lease

    This 6,773 square foot retail space is available for lease in Hermiston, Oregon. The single tenant property is located on North 1st Avenue, in front of Home Depot, in the retail hub of Hermiston. The location offers access, parking, and street frontage on 1st Avenue. Hermiston is the largest city in Eastern Oregon and has potential for agricultural, commercial, and industrial expansions due to logistics and land availability.
    Insight Report Location Intelligence

    Current Use by Public Records

    Delish Bistro Restaurant mavericks Hamburger Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hermiston
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.282
    Latitude
    45.8456

    Nearby Similar for Lease

    • $16 SF/Yr
      7,000 SF

      Updated Office Space in Hermiston

      Updated 1,200 SF office space with ample parking.
      115 East Highland Ave, Hermiston, OR 97838
      View Details
    • $12 SF/Yr
      11,234 SF

      Hermiston Office Space: 1,304 SF Available

      Prime Hermiston office suite, 1,304 sq ft, recently renovated.
      115 Hermiston Ave, Hermiston, OR 97838
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail location in Hermiston, Oregon with street frontage.
    Where is this retail space located?
    The property is located at 1619 N 1 Ave Hermiston, OR.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail location on North 1st Ave, in front of Home Depot.; - Excellent access, parking, and street frontage.; - Located in Hermiston, the largest city in Eastern Oregon.
    (541) 379-1338
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    1619 N 1 Ave Hermiston, OR 97838
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    Hermiston, OR 97838
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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
    1619 N 1 Ave Hermiston, OR 97838
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