1845 1st Pl, Hermiston, OR 97838-6665
This exceptional commercial property, situated on a substantial two-acre lot in Hermiston, Oregon, presents a unique investment opportunity. The 6,344 square foot warehouse/shop boasts a highly desirable location on a busy thoroughfare, making it ideal for businesses requiring significant space and convenient access. The building itself features two well-appointed offices, providing ample administrative space, and a single bathroom for employee convenience. A large roll-up door ensures easy access for delivery trucks, heavy equipment, or large shipments, streamlining operations and enhancing efficiency. Further enhancing its versatility, the property includes a substantial 13x28 walk-in cooler, perfect for businesses requiring temperature-controlled storage. The expansive two-acre lot offers significant potential for future expansion or outdoor storage, providing considerable flexibility for a variety of commercial uses. This property is priced at $885,000 and represents a rare chance to acquire a well-equipped, strategically located commercial space in a thriving Hermiston market. The combination of size, features, and location makes this an exceptional opportunity for businesses seeking to establish or expand their operations. Don't miss this chance to own a prime commercial property in Hermiston.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Hermiston, ORHermiston. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.