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Property profile & analytics

4 Main St Joseph, OR 97846-8434

  • Commercial real estate
  • 6,345 SF
  • 0.13 lot acres
OFF-MARKET
Value Estimation
$295,000
Location Intelligence
Property ID
US71-1082761
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Arrowhead Chocolates / Dessert Shop / Chocolate Shop
  • Root & Rise Rolfing® / Massage Therapist

Property Details for 4 Main St

Lot size
0.13 lot acres
Property size
6,345 SF
Property type
Commercial real estate
APN
02S4529CC 8500
APU
02S4529CC8500

Description

This exceptional 6,842 square foot commercial property, situated on 0.13 acres at 4 S South Main Street in the heart of Joseph, Oregon, presents a rare investment opportunity. Built in the early 1900s and extensively renovated between 2018 and 2019, this historic building boasts updated electrical, plumbing, and HVAC systems. Its prime location in this popular tourist destination, often called the "Swiss Alps of Oregon," ensures high visibility and consistent foot traffic. The property features a diverse mix of income-generating spaces, including an anchor tenant, a successful Airbnb, and a year-round apartment, all benefiting from separate entrances for enhanced privacy and convenience. Multiple secondary businesses also occupy the building, contributing to a robust revenue stream. Common areas have been thoughtfully upgraded, creating a welcoming and functional environment for tenants and visitors alike. The anchor tenant, Arrowhead Chocolates, is a thriving artisan chocolate shop, cafe, and retail gift store, and is available for separate purchase. This turnkey operation offers a unique blend of historical charm and modern functionality, making it an ideal investment for those seeking a profitable venture in a rapidly growing community. The property's diverse income streams and prime location position it for continued success and significant return on investment. This is a truly exceptional opportunity to own a piece of Joseph's vibrant commercial landscape.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $300,000
    6.5%
    $330,000
    7%
    $325,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $340,000
    Geo Method
    $315,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $325,000
    Retail
    $345,000
    Mixed-Use
    $280,000
    Hospitality
    $360,000
    Educational
    $365,000
    Residential Income
    $355,000
    Energy
    $335,000
    Income-Based Land
    $335,000
    Food Service
    $335,000

Location Insight

  • Map
  • Local Demand
City
Joseph
County
Wallowa
State
Oregon
Longitude
-117.229
Latitude
45.3522

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,365
$56,848
$217,292
$274,140
-
$100,470
$390,010
$490,480
More about this property
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