1839 3Rd St Baker City, OR 97814
This unique 9,736 square foot property in Baker City, Oregon, presents a rare investment opportunity. Originally constructed in 1929, this former church building is undergoing renovations and offers a flexible floor plan suitable for a variety of uses. Currently listed at $275,000, the property is zoned for both commercial and residential use, allowing for creative adaptations. The main floor requires minor finishing touches, while the basement is framed and ready for customization. A bid is available to complete the basement, adding two multi-stall bathrooms, gathering areas, a residential kitchen and prep area, and a main floor bathroom. This comprehensive upgrade is available for an asking price of $450,000. Alternatively, the seller is open to financing options for buyers who prefer to complete the basement renovations themselves. The 5,050 square foot lot is centrally located in downtown Baker City, offering convenient access to local amenities. The property's price per square foot is $28.25. Detailed lists of completed updates and repairs are available upon request. This is a truly exceptional opportunity to acquire a historic building with significant potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.