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Property profile & analytics
OFF-MARKET
Banks

302 Main St Joseph, OR 97846-5003

432 SF 0.2 ac lot Built 1954
Individually Owned 4-yr Hold Free & Clear
Property ID
US71-1500800
Property summary
AI-generated overview

This exceptional 432-square-foot commercial property located at 302 N MAIN St, Joseph, Oregon, presents a unique investment opportunity. Currently operating as an art gallery, the building has undergone a complete renovation, boasting a newly added bathroom and a convenient storage room. The property sits on an oversized lot, enhanced by a beautifully landscaped yard featuring mature evergreen and shade trees, providing a serene and inviting atmosphere. Private off-street parking is available for the convenience of customers and employees. A significant advantage is the inclusion of a barn, which can be transferred to the new owner if desired, adding versatility to the property's potential uses. The building's recent modernization, combined with its attractive outdoor space and additional structures, makes it an ideal location for a variety of commercial ventures. Its prime location in Joseph, Oregon, offers excellent visibility and accessibility. The property is priced at $345,000. This is a rare opportunity to acquire a move-in ready commercial space with significant potential for growth and expansion. The property's current configuration and features make it suitable for a range of businesses, from retail to professional services. The ample parking and attractive landscaping are key features that will appeal to a wide range of potential tenants or business owners.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1954
Total area 432 SF
Lot 0.2 ac (8,869 SF)
APN 02S4529CC 1801
UPID US71-1500800
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
Current use
Occupant on record · Public records
  • Hotel Hotel & Motel
  • Kelly's Gallery & Barn Boutique Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Kenneth L Wick · 4 yrs held
Kenneth L Wick
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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