163 1st St, Ontario, OR 97914-2703

This exceptional commercial property, located at 163 SW 1st Street in the heart of Ontario, Oregon, presents a lucrative investment opportunity. The 4,416 square foot building sits on a 0.11-acre lot and boasts a prime downtown location, providing easy access to numerous amenities. The property comprises two fully occupied commercial storefronts, each featuring ample space, a kitchen, and a bathroom. In addition, four one-bedroom, one-bathroom apartments are included, all currently occupied by reliable tenants. This ensures a consistent stream of rental income. The basement apartments have undergone recent renovations within the past two years, enhancing their appeal and functionality. The property offers convenient parking for both tenants and customers, with spaces available both in front and behind the building. The entire property is well-maintained and shows pride of ownership, considering its age. This is a rare chance to acquire a stable, income-generating property in a desirable location. The asking price is $525,000. This turnkey investment is ready for a new owner to step in and continue the success. The strong tenant occupancy and prime location make this a truly compelling opportunity.