219 Bridge St Sheridan, OR 97378

This exceptional investment opportunity presents the Heider Building, a 13,594 square foot mixed-use property located at 219 S Bridge St, Sheridan, OR 97378, in Yamhill County. Built in 1900, this two-story, Class C building sits on a 13,594 square foot lot (APN 224368) and is zoned C. Currently configured as a multi-family (8 apartments) and retail (4 units) space, the Heider Building offers significant potential for an owner/user. The property is ideally situated in Sheridan, a town of approximately 6,300 residents, providing convenient access to McMinnville (15 minutes) and Spirit Mountain Resort and Casino (15 minutes). Sheridan's strategic location serves as a gateway to the Oregon Coastal Mountains and the Nestucca Watershed, and benefits from the presence of the Federal Correction Institution, a major local employer. Extensive renovations have already been completed, including significant engineering and seismic upgrades. The property is poised for completion, with potential grant funding available to finalize electrical and plumbing work. This is an ideal project for an experienced developer seeking a rewarding infill rehabilitation opportunity in a thriving Oregon community. The anticipated occupancy date is November 20, 2024. The seller is motivated to find the right buyer to complete this promising project.