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Property profile & analytics
OFF-MARKET
Office Units

2330 5Th St Baker City, OR 97814

10,080 SF Built 1939
Property ID
US71-0897554
Property summary
AI-generated overview

This exceptional mixed-use property, located at 2330 5th St in Baker City, Oregon, presents a compelling value-add investment opportunity. The 10,080 square foot building, constructed in 1939, sits on a lot ranging from 7,000 to 8,000 square feet and boasts a permitted High Density Residential zoning. Currently configured as a blend of apartment, creative office, and traditional office spaces, this three-story building offers significant potential for redevelopment. The property has undergone substantial preparation for renovation, including a new roof, demolition, and complete asbestos abatement. Its rich history, having served as a nunnery and later a jeweler's residence, adds unique character. Situated near downtown Baker City, the building enjoys a convenient location within walking distance of local amenities. Priced at $239,000 ($23.71 per square foot), this property represents a rare chance to acquire a substantial building with significant upside potential in a desirable Oregon location. The building's versatile zoning and completed pre-renovation work make it ideal for a variety of uses, from residential conversion to modern office spaces. This is a turnkey opportunity for an investor seeking a project with a strong foundation for future growth.

Property profile
Verified
Property type Office Units
Year built 1939
Total area 10,080 SF
UPID US71-0897554
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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