490 1St AveOntario, OR 97914

  • Other commercial real estate
  • 1,728 SF
For Sale
$300,000 View listing

Property Details for 490 1St Ave

Year built
1976
Lot size
0.16 AC
Property size (Sq ft)
1,728 SF
Zone code
O-C2
Property type
Other commercial real estate
APN
18S4703CD 6100
APU
18S4703CD6100

Description

This thriving Ontario, Oregon business is offered for sale, presenting a fantastic opportunity for an entrepreneur seeking a well-established, profitable venture. The business, not the real estate, is priced at $300,000 and includes over $32,000 worth of inventory, ensuring a smooth transition for the new owner. Located at 490 SE 1st Ave, the business occupies 1,728 square feet within a leased building on a 0.15-acre lot. The current owner is committed to a seamless transfer of ownership, offering three months of support and training to the new owner. This ensures continuity and allows for a gradual learning curve. The business boasts an exceptional reputation, evidenced by its impressive 4.9 out of 5-star Google Business review rating, reflecting high customer satisfaction and a strong brand presence within the community. The seller is offering owner financing options, making this an attractive proposition for buyers seeking flexible payment terms. This is a turnkey opportunity to acquire a profitable, high-quality business with a proven track record and significant growth potential. Serious inquiries are encouraged. Financial statements and further details are available upon request. Don't miss this chance to own a successful and reputable business in a desirable location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $403,030
    Hospitality
    $369,173
    Educational
    $307,148
    Medical
    $317,711
    Retail
    $477,785
490 1St Ave, Ontario, Oregon
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Location Insight

City
Ontario
County
Malheur
State
Oregon
Latitude
44.0246
Longitude
-116.956
CBSA code
36620
CBSA name
ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,327
$37,291
$48,566
$85,857
-
$79,450
$141,250
$220,700

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