435 SW DORION AVE, Pendleton, OR 97801
Compact office building across from City Hall with dedicated back parking for staff and clients.
- Added:
- May 27, 2026
- Days on Market:
- 14
- Last Refresh:
- Jun 6 at 6:26 am
Property Features for 435 SW DORION AVE
General Information
- Standard status
- Active
- Size
- 1,914 SF
- Property subtype
- Office
Building Details
- Year Built
- 1962
Listing agent Kevin Hale License #OR
Listing office Coldwell Banker Whitney & Associates
Listing date May 27, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Whitney & Associates
HighLights
- 1,914 SF office building built in 1962, located directly across from Pendleton City Hall
- Stucco exterior with a metal roof
- Flexible interior layout with an option to sublet the rear office space
- Dedicated back parking area with 10 spaces for staff and clients
- Seller could carry a contact and may do tenant improvements to the interior
Overview
The property is positioned directly across from Pendleton City Hall, giving it a highly visible, professional setting in a high-traffic area. The listing also notes an option to sublet the rear office space, which can help tailor the use of the building or support additional occupancy strategies.
For an owner-occupant, the layout can accommodate a range of professional services that benefit from convenient customer access and on-site parking. For investors or owner-users, the on-site sublet option and the seller’s stated willingness to carry the contract and consider tenant improvements may support a smoother transition to a customized interior plan for the next owner.
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 | $34.5k | $18.00 |
| − Vacancy | −$6.8k | −$3.53 |
| EGI | $27.7k | $14.47 |
| − OpEx | −$6.9k | −$3.62 |
| NOI | $20.8k | $10.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pendleton
- County
- Umatilla
- State
- Oregon
- Longitude
- -118.791489
- Latitude
- 45.670454
