925 Main St Mount Angel, OR 97362

Property Details for 925 Main St

Lot size

7.57 lot acres

Property size

31,529 SF

Property type

Schools

APN

357394, 516146, 516150,516153, 516148, 516154, 516157, 350478, 516156, 516155, 516149

Description

Exceptional redevelopment opportunity in Mount Angel, Oregon. This 31,529 square foot property, encompassing six buildings on approximately 7.57 acres (APN: 357399, 516146, 516150, 516153, 516148, 516154, 516157, 350478, 516156, 516155, 516149), is currently zoned "Public." Located at 925 S Main St, 97362, this property presents a unique chance for investors. The site, known as St. Joseph Shelter, includes a mix of building types: a vacant, uninhabitable dormitory (Bernard Hall), a 1960s-era dormitory (Marmion Hall), an eight-unit renovated apartment building (Casa Adele), and three metal storage buildings. Currently serving various community needs, including a food bank and seasonal migrant housing, under the ownership of Catholic Community Services, the property offers an existing income stream. The City of Mount Angel has identified a significant need for residential rental housing, suggesting a potential for a high-value conversion. A zoning change process is estimated at three months or less, according to city information. The property's beautiful setting, just blocks from the city center and across from the Benedictine Sisters of Mount Angel, adds to its appeal. Asking price is $2,200,000 ($69.78/sq ft).