Building Details

Buildings 1

Tenancy Multi

Listing Agency: ICON Real Estate Group J***@gmail.com Show Phone

Listed By: Jewon Jung · License #OR

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:21AM

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Investment Insights

Based on property information with market context.

This updated mixed-use building is arranged as three separate units: a three-bedroom living space, a two-room apartment or office unit, and a commercial-use unit. Improvements include remodeled bathroom finishes, vinyl windows, newer siding and paint, and a newer roof. The property also has new water heaters and gas furnaces.

The commercial unit includes a restaurant hood vent and plumbing for natural gas, supporting its existing commercial configuration. The property is offered as a for-sale asset with a projected 11.37% cap rate.

Key Highlights

• Three‑unit mixed‑use building with residential, office, and commercial configurations
• Three‑bedroom living unit included
• Two‑room apartment or office unit

Property Analytics

Property Profile

Current Use

Powell & Greig Insurance Insurance Agency

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Building Supply Garden Center Restaurant

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

Lease Details

Multi-tenant

Tenancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

68

Businesses Nearby

Explore this area Business Placement

Demographics for 97348, OR

1,723

Population

677

Households

2.5

Avg Household Size

37

Median Age

8%

College-Educated

94%

High-School Grad

67.6 sq mi

ZIP Area

25

Density / Sq Mi

$107,273

Median Household Income

$38,750

Median Earnings

$1,694

Median Rent

$321,700

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Updated property combining residential, office, and commercial configurations in one building.

Where is this mixed-use property located?

The property is located at 693 W 2nd St Halsey, OR.

What are key features of this property?

This property features: Three‑unit mixed‑use building with residential, office, and commercial configurations; Three‑bedroom living unit included; Two‑room apartment or office unit