Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of V-C district is to permit uses such as retail shops, services and auditorium or exhibition hall in Neighborhood area
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
V-C · Vale, ORThe purpose of V-C district is to permit uses such as retail shops, services and auditorium or exhibition hall in Neighborhood area
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of V-C district is to permit uses such as retail shops, services and auditorium or exhibition hall in Neighborhood area
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for V-C in Vale, OR.
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- Alternative use
- Local Zoning Insight