1050 Southgate, Pendleton, OR 97801-3977
- Medical Office Space
- 7,256 SF
- 0.68 lot acres
Current Use by Public Records
- Medical Office Space
Property Details for 1050 Southgate
- Year built
- 1970
- Lot size
- 0.68 lot acres
- Zone code
- C-3
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 2N3216AD00600
- APU
- 2N3216AD00600
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 1, 2025 | $1,084,000 | Community Counseling Solutions | Southgate Leasing Co LLC | Warranty Deed | — |
Description
This exceptional 7,256 square foot office building, situated on a 0.68-acre lot in Pendleton, Oregon, boasts high visibility on Highway 395 (15,735 ADT in 2023). The property features 36 marked parking spaces with room for expansion. Originally an upgraded doctor's office with a 2002 addition serving as a multispecialty ambulatory surgery center (ASC), this versatile building is ideal for a variety of uses, including general business, retail, or specialized medical practices such as urgent care, dialysis, cancer treatment, or physical therapy. The building is divided into two distinct spaces with separate entrances, offering flexibility to operate independently or as a single unit. One space includes a large reception area, six exam rooms with sinks, four additional offices or exam rooms (without sinks), a sizable minor surgery room, four restrooms (one with a shower, two ADA compliant), a storage room, employee break room, lab/record area, and a large adaptable former optical retail space. The second space comprises a reception area, two exam rooms, two ADA-compliant restrooms (one with a shower), two extra-large rooms suitable for operating rooms (ORs), a large open six-bay recovery area with a nurse station, cleaning/sanitizing room, sterilizing room with a large autoclave, storage room, men's and women's pass-through locker areas, employee break room, three business offices, a conference room, laundry and janitor facilities, and dedicated medical gas, vacuum, and mechanical rooms. The facility is fully compliant with ADA, HVAC, fire, medical gas, and automatic back-up generator ASC codes. The property presents a unique opportunity for a business seeking a well-maintained, adaptable space in a high-traffic location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,180,000
- 6.5%
- $1,090,000
- 7%
- $1,010,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $892,000
Market price range: $447k - $934k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $660,000 Current use
- OFFICE BUILDING
- $1,095,000 Change: +67% Conversion: Easy
- AUTO REPAIR, GARAGE
- $755,000 Change: +15% Conversion: Difficult
- RESTAURANT
- $715,000 Change: +8% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $710,000 Change: +8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Pendleton
- County
- Umatilla
- State
- Oregon
- Longitude
- -118.81
- Latitude
- 45.656
- CBSA code
- 25840
- CBSA name
- HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA
