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Office Building with Waiting Area

16440 Finley Butte Road La Pine, OR 97739

16440 Finley Butte Road, La Pine, OR, 97739
$425,000
For Sale
Claim this Listing
$425,000

COMMERCIAL - La Pine, OR

Property Size1,376 SF
Lot Size0.34 Acres
Price / SF$308.87
AddedMay 28
Days on Market49
Last RefreshJul 15 at 5:06 am

Property Features for 16440 Finley Butte Road

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
On Street, RV, Parking Lot
Patio and Porch features
Porch
Standard status
Active
APN
114952
Size
1,376 SF
Lot size
0.34 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2438

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1972
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl
Roof type
Composition
Additional Structures
RV/Boat Storage

Listing agent Raechelle A Boddy License #201219703

Listing office Berkshire Hathaway HomeService 805 SW Industrial Way, Ste 10, Bend, OR

Listing date May 28, 2026

MLS# 220222263

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 well-designed commercial office building includes four private offices, one conference room, a welcoming waiting area, and two bathrooms. The interior layout is flexible for a range of professional and service uses, including medical, retail, and administrative operations. A newer HVAC system is also in place.

The property is located on Finley Butte Road in La Pine, on a lot with room for parking and additional storage or future expansion. The setting provides high-visibility access for day-to-day business activity.

With its combination of private rooms and shared reception space, the building is laid out to support client-facing workflows while maintaining functional interior separation.

Key Highlights

  • Commercial building in La Pine on Finley Butte Rd with 4 private offices and 1 conference room
  • 2 bathrooms plus a waiting area with a functional layout for professional services, medical, retail, or administrative use
  • Central air cooling and forced‑air heating with a newer HVAC system

Local Financial Insights For Office B

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 $28.1k $20.40
− Vacancy −$1.7k −$1.25
EGI $26.3k $19.15
− OpEx −$6.6k −$4.79
NOI $19.8k $14.36
1,376 SF · lease $20.40/SF/yr · vacancy 6.14% · expense 25.00%

Alternative Uses

Best Use
Office B
$282.3K
$247.0K – $329.3K (±1% cap)
NOI $19,760 @ 7.0% cap · market cap 4.65%
Second Best
Healthcare Medical
$279.2K
$244.3K – $325.8K (±1% cap)
NOI $19,546 @ 7.0% cap · market cap 4.60%
Theoretical Best
Retail
$473.6K
$414.4K – $552.5K (±1% cap)
NOI $33,149 @ 7.0% cap · market cap 7.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Catering Service Butcher Kitchen & Bath Showroom Computer & Electronic Repair Florist (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office building - Office building offering four private offices, a conference room, waiting area, and two bathrooms.
Where is this office building located?
The property is located at 16440 Finley Butte Road La Pine, OR.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Commercial building in La Pine on Finley Butte Rd with 4 private offices and 1 conference room; 2 bathrooms plus a waiting area with a functional layout for professional services, medical, retail, or administrative use; Central air cooling and forced‑air heating with a newer HVAC system
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