252 B StVale, OR 97918

Property Details for 252 B St

Year built

1938

Lot size

0.41 AC

Property size (Sq ft)

4,097 SF

Zone code

V-C

Property type

Office properties

Property subtype

Other office properties

APN

18S4529BB 1000

APU

18S4529BB1000

Description

This remarkable 4,097 square foot building, formerly Vale's City Hall, presents a unique investment opportunity. Located at 252 B St, Vale, OR, this historic property sits on a 0.41-acre lot and is offered at $350,000. The building boasts a blend of classic charm and modern conveniences, making it ideal for a variety of uses. Accessibility features include ADA-compliant ramps leading to both the basement and first floor, as well as a convenient driveway ramp. The expansive yard is equipped with underground sprinklers, offering both functionality and aesthetic appeal. Significant upgrades enhance the property's value and functionality. The majority of the windows have been replaced with newer, energy-efficient units, allowing ample natural light to flood the interior. Furthermore, the building benefits from newer HVAC systems, ensuring year-round comfort. The roof was completely replaced in 2018, providing long-term peace of mind. This versatile property is a blank canvas, perfect for adaptive reuse. Imagine transforming this space into a vibrant community center, modern office space, or a unique residential conversion. The possibilities are truly endless. Don't miss this rare chance to acquire a piece of Vale's history and unlock its substantial potential.

• CAP approach

  CAP return

  Valuation

  6%

  $834,833

  6.5%

  $770,615

  7%

  $715,571

• Comparable approach

  Method

  Valuation

  Relative Method

  $873,521

  Geo Method

  $873,521

• Alternative Use

  Use

  Valuation

  Residential

  $955,563

  Hospitality

  $875,290

  Educational

  $728,231

  Medical

  $753,276

  Retail

  $1,132,804

Location Insight

City

Vale

County

Malheur

State

Oregon

Latitude

43.9813

Longitude

-117.242

CBSA code

36620

CBSA name

ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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