Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
L ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (C-2). § 157.042 DOWNTOWN COMMERCIAL OVERLAY ZONE (DCO). § 157.043 NEIGHBORHOOD COMMERCIAL OVERLAY ZONE (NCO). Article V INDUSTRIAL ZONES § 157.055 LIGHT INDUSTRIAL ZONE (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Hermiston, ORL ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (C-2). § 157.042 DOWNTOWN COMMERCIAL OVERLAY ZONE (DCO). § 157.043 NEIGHBORHOOD COMMERCIAL OVERLAY ZONE (NCO). Article V INDUSTRIAL ZONES § 157.055 LIGHT INDUSTRIAL ZONE (…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
L ZONE (C-1). § 157.041 OUTLYING COMMERCIAL ZONE (C-2). § 157.042 DOWNTOWN COMMERCIAL OVERLAY ZONE (DCO). § 157.043 NEIGHBORHOOD COMMERCIAL OVERLAY ZONE (NCO). Article V INDUSTRIAL ZONES § 157.055 LIGHT INDUSTRIAL ZONE (…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-1 in Hermiston, OR.
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