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    OFF-MARKET
    Commercial real estate

    259 Longfellow S St, Vale, OR 97918-1337

    5,172 SF 0.15 ac lot Built 1958
    Individually Owned Free & Clear
    Property ID
    US71-0440671
    Property summary
    AI-generated overview

    This remarkable 5,172 square foot commercial property, situated on a 0.15-acre lot at 259 Longfellow Street in Vale, Oregon, presents a unique investment opportunity. Previously operating as a grange hall, this building boasts a rich history and substantial space ideal for a variety of commercial ventures. The property features a fully functional commercial kitchen, perfect for food service businesses or catering operations. Two fully functional bathrooms are also included, ensuring convenience for both staff and patrons. The downstairs area seamlessly connects the kitchen to a large dining hall, providing a versatile layout adaptable to many business plans. The expansive open areas offer significant flexibility for various commercial uses, from retail spaces to offices or event venues. Potential buyers are responsible for verifying that the existing zoning complies with their intended use and future plans for the building. This property is currently priced below its appraised value, representing a compelling opportunity to acquire a piece of Vale's history and establish a thriving business in a desirable location. The substantial size and versatile layout make this a truly exceptional commercial property. Act quickly to secure this remarkable opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1958
    Total area 5,172 SF
    Lot 0.15 ac (6,580 SF)
    Zoning code V-C
    APN 18S4529BA 1800
    UPID US71-0440671
    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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    Blend (final) Blend
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    Owner & transaction history
    696 VALE GRANGE
    696 VALE GRANGE
    Zoning & alternative use
    V-C · Vale, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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