0 Main St, Prineville, OR 97754
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.