448 Oregon StOntario, OR 97914

For Sale
$1,650,000

2.02-acre lot, 24,640 SF, $1,650,000

Overview

Added:
Dec 11, 2024
Days on market:
95
This exceptional commercial property in Ontario, Oregon, presents a unique investment opportunity. Situated on a 2.02-acre lot at 448 N Oregon Street, 97914, this special-purpose property boasts a substantial 24,640 square feet of space. The main level comprises four rental units totaling 12,000 square feet, each with an 8-foot walkway at the rear. A lower level, accessible via a large ramp with a 9'4" clearance, offers an additional 12,000 square feet, ideal for various uses, described as a "man cave." An upper-level small office area adds approximately 640 square feet of usable space. The property also features a paved parking lot with six overhead lights and 182 parking spaces, including four handicap-accessible spaces. Built in 1947, this property is offered at $1,650,000. Financing terms may include a $500,000 down payment, with the balance at 5% interest amortized over 10 years, or a term agreeable to the buyer, culminating in a balloon payment due in 10 years. This versatile property is ready for your vision and offers significant potential for a strong return on investment.

Highlights

  • $1,650,000 asking price.
  • 2.02-acre lot with 24,640 square feet of building area.
  • Special purpose commercial property located at 448 N Oregon Street, Ontario, OR 97914.
  • Built in 1947.
  • Includes four rental units totaling 12,000 square feet, a 12,000 square foot lower level, and a 640 square foot upper level office.
  • Features 182 paved parking spaces, including 4 handicap-accessible spaces.

Property Details for 448 Oregon St

Property type
Other specialty properties, Other land
Square Feet
24,640 SF
Year Built
1947
Lot Size (sq. ft)
87,991 SF

Location Insight

City
Ontario
County
Malheur
State
Oregon
Latitude
44.0303318
Longitude
-116.9604598
448 Oregon St, Ontario, Oregon

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448 Oregon St
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