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    FOR SALE
    Commercial real estate

    103 NW 3Rd St, Prineville, OR 97754

    2,018 SF 0.16 ac lot Built 1975
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US71-1127860
    Property summary
    AI-generated overview

    This exceptional 2,018 square foot commercial building is situated on a highly desirable 0.16-acre corner lot in the heart of Prineville, Oregon, at 103 NW 3rd Street. The striking architecture seamlessly blends glass and block construction, creating a modern and visually appealing structure. Large windows bathe the interior in natural light, showcasing the open floor plan ideal for a variety of commercial uses, including offices and retail spaces. The flexible layout allows for easy customization to suit diverse business needs. Beyond its aesthetic appeal, this property boasts practical features designed to enhance operational efficiency and security. A convenient drive-through facility streamlines customer service, while a built-in vault and safety deposit boxes provide secure storage options. This property represents a unique opportunity to establish a thriving business in a vibrant downtown location. Its prime corner location ensures high visibility and accessibility, attracting both foot traffic and vehicular access. The combination of modern design, functional features, and strategic location makes this an exceptional investment opportunity in the growing city of Prineville. The asking price is $650,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1975
    Total area 2,018 SF
    Lot 0.16 ac (6,970 SF)
    Zoning code C1; CENTRAL COMMERCIAL
    APN 151606AA06600
    UPID US71-1127860
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $563k
    Blend (final) Blend
    $565k
    Owner & transaction history
    MARK STAFFORD
    MARK STAFFORD
    Zoning & alternative use
    C1; CENTRAL COMMERCIAL · Prineville, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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