Property summary
This exceptional commercial property at 705 W 2nd St, Unit 705, Halsey, OR, presents a high-value investment opportunity. The main building boasts 40,076 square feet of versatile space, ideal for single or multi-tenant occupancy. Previously used as a bank, the layout includes a substantial reception area (36' x 38'), a conference room, private office, a dedicated supply/server room, a spacious break room/kitchenette, and a bathroom. The property's significant advantage lies in its abundant parking, with over 20 spaces available, and a convenient drive-up service window. Adding to its potential, the sale includes an additional 0.46 acres of vacant land, offering significant expansion or redevelopment possibilities. The entire property is zoned Halsey Commercial, ensuring flexibility for a wide range of business uses. The 2,700 square feet of glass-front office or retail space is particularly attractive, offering excellent visibility and accessibility. This property is situated on a 0.23-acre lot and is priced at $425,000. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant growth potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning