321 Hwy 20 Toledo, OR 97391-1433
This versatile commercial property, located at 321 NE Hwy 20 in Toledo, Oregon, presents a unique investment opportunity. The 1,430 square foot building, constructed in 1977, sits on a 5,662.8 square foot lot and offers excellent highway frontage visibility on the Hwy 20 Business Loop. The interior features multiple offices, a file room, a break room, a welcoming front entry area, and two half-bathrooms. The building benefits from ample parking directly in front. A centrally located ductless heat pump system provides efficient heating and cooling. This property's strategic location offers significant advantages, situated directly across the street from the future Toledo City Hall, ensuring high visibility and convenient access. The asking price for this multi-use building is $249,000. The property's classification includes Land, Office, Commercial, Traditional Office, and Specialty Services, making it suitable for a variety of business types. Its prime location and functional layout make it an attractive option for businesses seeking a well-established presence in Toledo, Oregon. The zip code is 97391.
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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
C;COMMERCIAL · Toledo, ORToledo. Always verify with local authorities before improvements.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.