40 Heimrich StDufur, OR 97021

  • Other commercial real estate
  • 1.05 AC
For Sale
$950,000 View listing

Property Details for 40 Heimrich St

Lot size
1.05 AC
Zone code
C1
Property type
Other commercial real estate
APN
1S 13E 25 CC 900
APU
1S13E25CC900

Description

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.

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $14,379,115
    Hospitality
    $13,171,192
    Educational
    $10,958,277
    Medical
    $11,335,149
    Retail
    $17,046,210
40 Heimrich St, Dufur, Oregon

Location Insight

City
Dufur
County
Wasco
State
Oregon
Latitude
45.4505
Longitude
-121.131
CBSA code
45520
CBSA name
THE DALLES, 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
$11,205
-
-
$714,777
-
$86,120
$952,740
$1,038,860

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