215 Galice Rd Merlin, OR 97532
For Sale
1 / 6
This exceptional 1,884 square foot commercial property in Merlin, Oregon, presents a unique live-work opportunity. Located at 215 Galice Rd, the property offers a seamless blend of business and residential space. The main level provides a flexible, open layout ideal for a variety of commercial uses. A significant advantage is the inclusion of a separate studio apartment upstairs, complete with a full kitchen and bathroom, perfect for an owner-operator or on-site manager. The property boasts modern amenities including a recently installed heat pump for efficient climate control and a new electrical panel ensuring safety and reliability. Storage needs are easily met with a convenient exterior shed. Security is enhanced by three drive gates and a fully fenced compound, providing peace of mind. This property is situated on a lot with no acreage specified. The asking price is $299,000. This is a rare opportunity to acquire a well-maintained, versatile commercial property with integrated living quarters in a desirable location. Don't miss out on this exceptional chance to own a property that combines the best of both worlds. Contact us today to schedule a showing.
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
Property description
Physical attributes from public recordsZoning & alternative use
CC · Merlin, ORCosts & 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.