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    115 Hermiston Ave Hermiston, OR 97838

    Sponsored
    For Lease
    $12 SF/Yr ($12,020 /Mo)

    Prime Hermiston office suite, 1,304 sq ft, recently renovated.

    Lot size:
    11,234 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,304 square foot office space is located in the Grainary Square building at 115 W Hermiston Ave, Hermiston, OR 97838. Situated on the first floor, this corner suite boasts excellent street frontage visibility. The building, a Class C property, was constructed in 1975 and underwent a comprehensive renovation in 2019. The suite is immediately available within a larger multi-tenant building totaling 11,234 square feet. The building features two stories and provides ample parking with 36 spaces available. The property is zoned C-1 and has an APN of 123195. Utilities include 240-volt power. This is an ideal opportunity for a business seeking a well-maintained, conveniently located office space in a vibrant Hermiston location. The minimum divisible space is 1,304 square feet, matching the currently vacant space. The cross street is First Place. This location offers excellent visibility and accessibility for clients and employees. Don't miss this chance to secure this desirable office space.

    Property Features for 115 Hermiston Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,234 SF
    Class
    C
    Total Rate
    12020.38

    Building Details

    Year Built/Renovated
    1975/2019
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 100
    Size
    1,304 SF
    Rate per SF
    $12

    HighLights

    • 1,304 SF office suite available in Hermiston, OR.
    • First‑floor corner suite with excellent street visibility in the Grainary Square building (115 W Hermiston Ave).
    • Class C building, renovated in 2019, offering 36 parking spaces.
    • Immediately available; minimum divisible space is 1,304 SF.
    • C‑1 zoning; APN 123195; 240‑volt power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Riverpoint Farms Farm Pinnacle Natural Health ... Alternative Medicine Practitioner Hinton D Alan Attorney Meza Logistics Transportation Service The Axys Group Property Management Company

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hermiston
    County
    Umatilla
    State
    Oregon
    Longitude
    -119.29259913151
    Latitude
    45.841394314289

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Hermiston office suite, 1,304 sq ft, recently renovated.
    Where is this office property / space located?
    The property is located at 115 Hermiston Ave Hermiston, OR.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 1,304 SF office suite available in Hermiston, OR.; First-floor corner suite with excellent street visibility in the Grainary Square building (115 W Hermiston Ave).; Class C building, renovated in 2019, offering 36 parking spaces.
    Request Owner's contact information
    115 Hermiston Ave Hermiston, OR 97838
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    Hermiston, OR 97838
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Hermiston Ave Hermiston, OR 97838
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