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Commercial Property with Development Potential
For Sale
$579,000
Pending

1740 HARDCASTLE, Woodburn, OR 97071

Large commercially zoned property near mall with multiple development options.

Property Size2,059 SF
Lot Size0.48 Acres
Days on Market180

Property Features for 1740 HARDCASTLE

General Information

Standard status Pending
Size 2,059 SF
Lot size 0.48 Acres
Property subtype Commercial

Building Details

Year Built 1922
Listing Agency: HALLMARK PROPERTIES, INC.
Listed By: JAMES AUDRITSH II
Source: Corcoran
Added: Feb 21 Changed: Jul 10 Last Checked: Jul 23 at 9:01AM

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 HALLMARK PROPERTIES, INC.

Investment Insights

Based on property information with market context.

This property features a large house situated in a prime location, zoned Commercial General, offering various business opportunities. The seller offers the property "AS IS" in its current condition. The house, while needing updates, could serve as both a residence and a home-based office. The property's zoning allows for potential conversion to multi-family living. The house includes 5 bedrooms, one of which is non-conforming (no closet), and 2.5 bathrooms, with ample storage space. The location is suitable for developing a strip mall or a standalone retail space. The property is located next to a large mall, making it a desirable location for commercial multifamily housing. It could also be suitable for a 1031 exchange. The property offers significant potential, with a working septic system behind the house and a stub for future city sewer hookup. An old sign stanchion is present in the front yard. The property size is 2059 square feet.

Key Highlights

  • Commercial General zoning offers diverse business opportunities (strip mall, retail, office).
  • Located next to a large and prosperous mall in a desirable commercial/multifamily area.
  • Potential for conversion to multifamily living (check city regulations).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Locksmith Law Firm

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

551
Businesses Nearby

Demographics for 97071, OR

30,777
Population
10,595
Households
2.9
Avg Household Size
35
Median Age
17%
College-Educated
72%
High-School Grad
51.7 sq mi
ZIP Area
595
Density / Sq Mi
$70,130
Median Household Income
$35,927
Median Earnings
$1,382
Median Rent
$316,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Large commercially zoned property near mall with multiple development options.
Where is this commercial land located?
The property is located at 1740 HARDCASTLE Woodburn, OR.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Commercial General zoning offers diverse business opportunities (strip mall, retail, office).; Located next to a large and prosperous mall in a desirable commercial/multifamily area.; Potential for conversion to multifamily living (check city regulations).
More about this property
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