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Property profile & analytics
OFF-MARKET
Retail space

1919 Washington Ave Baker City, OR 97814-3353

1,010 SF 0.02 ac lot Built 1923
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US71-0919990
Property summary
AI-generated overview

This meticulously renovated 1,010 square foot storefront at 1919 Washington Ave in Baker City, Oregon, presents a unique opportunity to own a piece of history. Built in 1923 and renovated in 2020, this single-story building offers a captivating blend of old-world charm and modern convenience. The property features exposed original brick walls, large double-paned windows providing ample natural light, and a practical layout including a utility sink. Additional alley access enhances functionality. Located in Baker City's bustling Historic District, this prime street frontage location ensures high visibility. The property is currently 100% occupied under a gross lease with five years remaining on the single tenancy. The asking price is $245,000, translating to $242.57 per square foot. Annual property taxes are approximately $1,200. This turnkey retail space is ideal for a variety of businesses and represents an affordable investment in a thriving downtown location. The business name and inventory of the previous tenant, Vintage Honey, are available.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1923
Total area 1,010 SF
Lot 0.02 ac (1,010 SF)
Zoning code BHD; BAKER HISTORICAL
APN 09S4017DD 4900
UPID US71-0919990
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Evcr LLC · 14 yrs held
Evcr LLC
since 2012
1 recorded transaction
2012
$305,000
Zoning & alternative use
BHD; BAKER HISTORICAL · Baker City, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Article 1
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