41 B St Burns, OR 97720
This exceptional creative office building in Burns, Oregon, presents a unique investment opportunity. Located on a 0.46-acre corner lot in the revitalizing downtown area, this landmark building has served as a fitness center for years, currently housing multiple local businesses. The main and upper levels offer ample space with full men's and women's restrooms, locker rooms, showers, and saunas. The main level is ADA accessible, and the building boasts a high-level security camera system and fiber optic internet. A spacious basement features five large bays ideal for storage or private offices. The building is equipped with central heating and A/C, supplemented by two 2023 mini-split units. Extensive gravel parking is available on the north and east sides. A new rubber membrane roof was installed within the last decade, ensuring low maintenance. The modified gross lease requires minimal property management. Situated in an opportunity zone and outside the new flood zone, this structurally sound building offers significant upside potential for increased income. The property's prime location and adaptable space make it an attractive investment for those seeking a strong return in a growing community.
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Broadway Fitness Gym & Fitness Center
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
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.