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Mixed-Use Building with Four Apartments
New
For Sale
$525,000

163 SW 1st St, Ontario, OR 97914

Two retail suites and four occupied apartments combine commercial frontage with residential income in one downtown property.

Property Size4,416 SF
Price / SF$118.89
Days on Market3

Property Features for 163 SW 1st St

General Information

Standard status Active
Size 4,416 SF
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Building Details

Year Built 1932
Buildings 1
Tenancy Multi
Listing Agency: Blessed Home Solutions, LLC
Listed By: Angelene Mendez · License #201233046
Source: Truenorthrealestategroupllc
Added: Sep 24 Last Checked: Sep 24 at 2:21PM

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 Blessed Home Solutions, LLC

Investment Insights

Based on property information with market context.

This 4,416-square-foot mixed-use building contains two commercial storefronts and four one-bedroom, one-bath apartments. Each retail space has its own kitchen and bathroom. The apartments are fully occupied, and the basement units were remodeled within the past three years. Built in 1932, the property has been maintained over time.

Parking is available at both the front and rear of the building. The property is located downtown with access to several amenities.

Key Highlights

  • 4,416‑square‑foot mixed‑use property with two commercial storefronts and four apartments
  • Each apartment has one bedroom and one bathroom; all four are occupied
  • Both commercial suites include a kitchen and bathroom

Property Analytics

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Current Use

Get Nailed Nail ... Nail Salon Pers Plus Financial Advisor

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Plumbing Service Electrical Service Spa & Massage Center

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

756
Businesses Nearby

Demographics for 97914, OR

19,534
Population
6,730
Households
2.9
Avg Household Size
38
Median Age
15%
College-Educated
83%
High-School Grad
260.2 sq mi
ZIP Area
75
Density / Sq Mi
$48,442
Median Household Income
$30,000
Median Earnings
$813
Median Rent
$220,600
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 Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two retail suites and four occupied apartments combine commercial frontage with residential income in one downtown property.
Where is this mixed-use property located?
The property is located at 163 SW 1st St Ontario, OR.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 4,416‑square‑foot mixed‑use property with two commercial storefronts and four apartments; Each apartment has one bedroom and one bathroom; all four are occupied; Both commercial suites include a kitchen and bathroom
More about this property
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