Property profile

252 B W St Vale, OR 97918

OFF-MARKET
Office Spaces
Property ID
US71-0592365
4,097 SF 0.41 ac lot Built 1938
Individually Owned Free & Clear
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Property summary

AI-generated overview

This remarkable 4,097 square foot building, formerly Vale's City Hall, presents a unique investment opportunity. Located at 252 B St, Vale, OR, this historic property sits on a 0.41-acre lot and is offered at $350,000. The building boasts a blend of classic charm and modern conveniences, making it ideal for a variety of uses. Accessibility features include ADA-compliant ramps leading to both the basement and first floor, as well as a convenient driveway ramp. The expansive yard is equipped with underground sprinklers, offering both functionality and aesthetic appeal. Significant upgrades enhance the property's value and functionality. The majority of the windows have been replaced with newer, energy-efficient units, allowing ample natural light to flood the interior. Furthermore, the building benefits from newer HVAC systems, ensuring year-round comfort. The roof was completely replaced in 2018, providing long-term peace of mind. This versatile property is a blank canvas, perfect for adaptive reuse. Imagine transforming this space into a vibrant community center, modern office space, or a unique residential conversion. The possibilities are truly endless. Don't miss this rare chance to acquire a piece of Vale's history and unlock its substantial potential.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1938
Total area 4,097 SF
Lot 0.41 ac (18,000 SF)
Zoning code V-C
APN 18S4529BB 1000
UPID US71-0592365

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Food Bank Charitable Organization
  • Association Or Organization
  • Food Bank Charitable Organization

Location

252 B W St Vale, OR 97918-1361
Vale metro Census 970600 ONTARIO, OR-ID MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$350k

Owner & transaction history

Zoning & alternative use

V-C · Vale, OR
Zoning description

The purpose of V-C district is to permit uses such as retail shops, services and auditorium or exhibition hall in Neighborhood area

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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