259 Longfellow S St, Vale, OR 97918-1337
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
V-C · Vale, ORVale. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.