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Property profile & analytics
OFF-MARKET Estimated value $535,000
Retail space

2017 Main St Baker City, OR 97814-3351

7,500 SF 0.17 ac lot Built 1958
Entity Owned 17-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-1106143
Property summary
AI-generated overview

This exceptional Baker City, Oregon property, located at 2017 Main St, presents a unique investment opportunity. Boasting a prime downtown location in the historic district, this 7,100 square foot building sits on a one-acre lot and offers a versatile layout ideal for multi-tenant or single-user occupancy. The building's configuration includes a spacious, clear-span main floor, perfect for retail or office use, complemented by a full basement providing ample storage or additional space. Previously occupied by a Sears Hometown store, this property benefits from high visibility and excellent street frontage on Main Street. The asking price is $800,000, representing a compelling value for a property of this size and location in a thriving downtown area. The property is zoned for both retail and office uses, offering flexibility for a wide range of businesses. Its central location provides easy access to local amenities, transportation routes, and a strong customer base. This is an exceptional chance to acquire a significant commercial property in a desirable Oregon city. The property's size and location make it an attractive investment for both established businesses seeking expansion and entrepreneurs looking to establish a presence in a vibrant downtown setting. Don't miss this opportunity to own a piece of Baker City's rich history and promising future.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1958
Total area 7,500 SF
Lot 0.17 ac (7,575 SF)
Zoning code BHD; BAKER HISTORICAL
APN 09S4017DD 400
UPID US71-1106143
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$535k
Owner & transaction history
Zero 228 LLC · 17 yrs held
Zero 228 LLC
since 2008
1 recorded transaction
2008
$300,000
Zoning & alternative use
BHD; BAKER HISTORICAL · Baker City, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Article 1
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