40 Heimrich St Dufur, OR 97021-3154
This exceptional investment opportunity presents the Historic Balch Hotel, a beautifully appointed 7,200 square foot hospitality property nestled in Dufur, Oregon. Built in 1907, this award-winning hotel boasts 20 guest rooms with 12 shared and private baths, offering a unique blend of vintage charm and modern amenities. The property includes two buildings, spanning three stories, and sits on a lot ranging from one to 2.99 acres. The hotel features an active restaurant with a commercial kitchen, an elegant 40-seat dining room, a wine/beer bar, and a single-room spa. Outdoor amenities include park-like grounds, a meditation pond, and a 40-seat sunken slate patio, making it an exceptional wedding and event venue. The property also benefits from magnificent Mount Hood views, 20 on-site parking spaces, an EV charging station, and a barn with a new metal roof. Inside and outside storage, an office, and signage are also included. The property is equipped with fixtures, furniture, a security system, smoke detectors, and a sprinkler system. Located just 10 minutes from I-84 near The Dalles and 35 minutes from Hood River, this C1-zoned property presents a rare opportunity to own a thriving business in a picturesque setting. The APN is 9471. The asking price is $950,000.
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
C1 · Dufur, ORDufur. Always verify with local authorities before improvements.
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.