New Listing
Umatilla County, Oregon
Questions About This Property?
Fully Leased Commercial Investment
Address:
1745 SW 24th St
City, State:
Pendleton, Oregon
County:
Umatilla
Zip Code:
97801
Lat/Long:
45.64974, -118.808767
Description
Offering Summary
Introducing a prime investment opportunity in Pendleton, this well-maintained 6,356 SF converted commercial use building is 100% Leased with a solid tenant mix. Both tenants are on Modified Gross Leases. The roof was replaced in 2023 with recent updates to the interior flooring, paint, appliances, a bathroom addition and new furnaces installed. Strategically positioned on a large lot between CHI St. Athony Hospital and the Eastern Oregon Cancer Center, in C-3 zoning district, this property offers the ideal blend of location and potential. Offered at a 7.51% Cap rate. Contact Listing Broker for more information 541-379-1338 / ashley@whitneylandcompany.com.
Property Highlights
- Prime Location in Pendleton's Medical and Office Corridor
- Solid Tenant Mix
- 100% Leased
- $82,664.06 NOI
- 7.51% Cap rate
Additional Details
Home Details
Sq Ft:
6356.00
Beds:
4
Full Baths:
3
Half Baths:
2
Maps
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