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    579 Washington St Stayton, OR 97383

    Sponsored
    For Sale
    $695,000

    6,332 SF Church, Low-Density Residential

    Property size:
    6,332 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,332 square foot church building presents a unique investment opportunity in Stayton, Oregon. Situated on a 0.42-acre lot zoned for low-density residential use, this two-story property offers significant potential for repurposing. The building features a spacious 2,896 square foot sanctuary, a 540 square foot balcony, and a versatile 2,896 square foot multi-purpose basement. Located at 579 E Washington St, this prominent corner lot property enjoys high visibility at the intersection of E Washington St and N 5th Ave. The asking price is $695,000, translating to $109.76 per square foot. Stayton, a thriving community located 14 miles southeast of Salem along Highway 22, is a regional center for agriculture and light manufacturing, offering a strong local economy. The property's prime location and substantial size make it ideal for a variety of uses, subject to local zoning regulations. This is a rare opportunity to acquire a substantial building in a desirable location with significant redevelopment potential. The property's size and zoning offer a unique blend of possibilities for both residential and commercial ventures. Serious inquiries are encouraged.

    Property Features for 579 Washington St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    6,332 SF
    Lot Size
    18,295 SF

    Building Details

    Buildings
    1
    Stories
    2
    Property Profile Location Intelligence

    Current Use by Public Records

    Church of Nazarene Church Of The Nazarene

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Stayton
    County
    Marion
    State
    Oregon
    Longitude
    -122.78995269726
    Latitude
    44.800758345373

    Nearby Comparable

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      15.60 Acres

      Aumsville Residential Development Land

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    Nearby Similar for Sale

    • $1,750,000
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    FAQs

    What type of property is this?
    Church & religious facility - 6,332 SF Church, Low-Density Residential
    Where is this church & religious facility located?
    The property is located at 579 Washington St Stayton, OR.
    What is the asking price?
    The asking price for this property is $695,000.
    (503) 370-2581
    Request Owner's contact information
    579 Washington St Stayton, OR 97383
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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
    579 Washington St Stayton, OR 97383
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