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    OFF-MARKET
    Office Spaces

    0 Main St, Prineville, OR 97754

    7,152 SF 0.2 ac lot Built 1962
    Property ID
    Property summary
    AI-generated overview

    This fully occupied, single-story office building in downtown Prineville, Oregon presents a compelling investment opportunity. Located on Main Street, 97754, this 7,152 square foot property sits on a 0.2-acre lot and is zoned C1. Built in 1962, the building currently houses eight tenants, enjoying 100% occupancy, generating a substantial net operating income (NOI) of $60,300, representing a 7.09% capitalization rate. The asking price is $850,000, translating to $118.85 per square foot. Its prime location in a high-traffic area ensures excellent visibility and accessibility for tenants and customers, further enhanced by the availability of ample public and street parking. The property's strong tenant base provides consistent rental income and the benefit of long-term leases. This presents a stable investment with the added potential of attractive tax incentives. This is a rare opportunity to acquire a fully occupied commercial property in a thriving downtown area.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1962
    Total area 7,152 SF
    Lot 0.2 ac (8,712 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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