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158 Main St

Vale, OR 97918
  • $370,000
  • STATUS: Active
  • ON SITE: 138 Days
  • MLS #: 98911010
UPDATED: 21 min ago
$370,000
  • 7
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,439
    SQFT
  • $83
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1907
County:

School Ratings & Info

Intermountain MLS logoCourtesy of Silvercreek Realty Group.

Description

Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.

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Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Southey Real Estate | EXP Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-10-04T19:10:21.193.
www.southeyrealestate.com/homes/150678488
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158 Main St Vale, OR 97918

  • Price: $370,000
  • Status: Active
  • On Site: 138 Days
  • Updated: 21 min ago
  • MLS #: 98911010
7
Beds
0
Baths
0
½ Baths
0.06
Acres
4,439
SQFT
$83
$/SQFT
1907
Built
Neighborhood:
Malheur Other - 1675
County:
Malheur
Area:
Malheur Other - 1675
Property Description
Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.
Exterior Features

Construction Materials BrickConcrete Fencing None Lot Features Sm Lot 5999 SF Parking Features 1 - 5 Spaces Roof Other

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 4439 Door Features Grade Level Door Flooring Other Heating Forced AirNatural Gas Heating YN Yes

Property Features

Business Type Commercial Gross Income 49200 Land Lease YN No Listing Terms CashOther Lot Size Dimensions 94x28.25 Net Operating Income 37185 Operating Expense 12015 Possible Use Land Suitable(ResidentialMultifamilyOffice)Retail Suitable(Free Standing BuildingStreet Retail) Special Listing Conditions Potential Short Sale Tax Annual Amount 1215 Tax Legal Description IN BLOCK 25: THE WEST 28.25 FEET OF LOT 5 Utilities Sewer ConnectedNatural Gas Available Water Source City Service Zoning Description Commercial

Intermountain MLS logoCourtesy of Silvercreek Realty Group: 208-377-0422.


Intermountain MLS logo© 2024 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Southey Real Estate | EXP Realty are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2024-10-04T19:10:21.193.
 
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Southey Real Estate | EXP Realty
Boise ID, 83702
Intermountain MLS logoCourtesy of Silvercreek Realty Group.