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Property profile & analytics

620 Main St Milton Freewater, OR 97862-1728

  • Office Properties & Spaces
  • 990 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US71-0843969
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

  • Allstate / Insurance Agency

Property Details for 620 Main St

Year built
1952
Lot size
0.08 lot acres
Property size
990 SF
Zone code
C-1
Property type
Office Properties & Spaces
APN
5N3502AD05000
APU
5N3502AD05000

Description

This 1,630 square foot mixed-use building at 620 N Main St, Milton-Freewater, OR 97862, presents a unique opportunity for a restaurant, bakery, or cafe. Currently vacant, the property is zoned commercial and boasts five parking spaces. Ideal for entrepreneurs seeking a location in Oregon's burgeoning wine region, this property offers significant potential. The building, formerly a bus terminal, features high ceilings (potentially exceeding 10 feet in the central atrium area) and existing architectural drawings for a restaurant build-out. Some commercial kitchen equipment is available on-site. A substantial $150,000 grant is available for a build-to-suit partnership with the building owner, significantly reducing initial investment costs. Located in close proximity to the Rocks District, this property is perfectly positioned to capitalize on the growing wine tourism industry. The asking price is $299,000. The property will be vacant as of October 11, 2024. This is a chance to establish a premier business in a rapidly developing downtown area. Don't miss this exceptional opportunity to own a piece of Milton-Freewater's exciting future.


Value Estimations

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Location Insight

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  • Local Demand
City
Milton Freewater
County
Umatilla
State
Oregon
Longitude
-118.397
Latitude
45.9427
CBSA code
25840
CBSA name
HERMISTON-PENDLETON, OR MICROPOLITAN STATISTICAL AREA

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
$749
$19,720
$22,940
$42,660
-
$15,790
$60,660
$76,450
More about this property
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