Main St Prineville, OR 97754
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Office Spaces
Property Details for 0 Main St
- Year built
- 1962
- Lot size
- 0.20 lot acres
- Property size
- 7,152 SF
- Property type
- Office Spaces
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Prineville
- County
- Crook
- State
- Oregon
- Longitude
- -120.847
- Latitude
- 44.3169
