$1,100,000
0.44± Acres
New Listing
Umatilla County, Oregon

Fully Leased Commercial Investment

ID: 106739
Status: New Listing
Price: $1,100,000
Acres: 0.44
Type: Commercial
Address: 1745 SW 24th St
City, State: Pendleton, Oregon
County: Umatilla
Zip Code: 97801

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
Beds: 4
Full Baths: 3
Half Baths: 2

Maps

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