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Property profile & analytics
OFF-MARKET Estimated value $650,000
Office Spaces

333 Main St Hermiston, OR 97838-1841

3,940 SF 0.21 ac lot Built 1979
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US71-0457827
Property summary
AI-generated overview

This exceptional Hermiston office building presents a compelling investment opportunity. Situated at 333 East Main Street, this 3,940 square-foot property boasts a prime location on a 0.21-acre lot in a predominantly commercial area. Built in 1979, the building is currently fully occupied by two tenants, generating consistent income. The convenient access to Highway 395 ensures excellent visibility and accessibility for both tenants and clients. The property's size and location make it ideal for a variety of uses, offering a strong return on investment. The building's current occupancy status provides immediate cash flow, minimizing vacancy risks. This is a rare opportunity to acquire a well-maintained, income-producing office building in a thriving commercial area. The property's strategic location along a busy commercial street offers significant potential for future growth and appreciation. Serious inquiries are encouraged to explore this promising investment opportunity further. Please respect the privacy of the current tenants and refrain from disturbing them during any property viewings. All inquiries should be directed through the appropriate channels.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1979
Total area 3,940 SF
Lot 0.21 ac (9,150 SF)
Zoning code C-1
APN 4N2811CB06500
UPID US71-0457827
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
  • Hermiston Herald Media Distribution
  • East Oregonian Publishing House Newspaper & Magazine
  • Itzahiana Dalahy Beauty Atelier LLC Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$625k
Comparable Approach Comparable
$709k
Blend (final) Blend
$650k
Owner & transaction history
Newsmedia Leasing LLC · 1 yrs held
Newsmedia Leasing LLC
since 2024
2 recorded transactions
2025
Price N/A
2024
$550,000
Zoning & alternative use
C-1 · Hermiston, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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