406 Hwy 11, Pendleton, OR 97801-3408
This exceptional commercial property, located at 406 NE Highway 11, Unit 406 in Pendleton, Oregon, presents a fantastic investment opportunity. Boasting a generous 2,741 square feet of space, this general commercial building sits on a sizable 0.28-acre lot, providing ample room for various business ventures. The property is currently undergoing significant improvements, with the owner actively replacing the roof. This proactive maintenance ensures a worry-free experience for the new owner, eliminating immediate capital expenditure needs. The strategic location on Highway 11 guarantees high visibility and accessibility, attracting a substantial volume of foot and vehicle traffic. This translates to excellent potential for attracting customers and maximizing business exposure. The property's versatility makes it suitable for a wide range of commercial uses, offering flexibility to adapt to diverse business needs. The asking price of $215,000 represents exceptional value for a property of this size and location, offering a strong return on investment. Don't miss this chance to acquire a well-maintained, high-traffic commercial property in a thriving Oregon community. Serious inquiries are encouraged.
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-1 · Pendleton, ORPendleton. 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.