2330 5Th St Baker City, OR 97814
- Office space
- 10,080 SF
Current Use by Public Records
- Office space
Property Details for 2330 5Th St
- Year built
- 1939
- Property size
- 10,080 SF
- Property type
- Office space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Baker City
- County
- Baker
- State
- Oregon
- Longitude
- -117.83569135307
- Latitude
- 44.780576971615
