105 Fir St - Apartments FOR SALE


La Grande, OR 97850
$2,700,000 USD
503-705-7352
105 Fir St, La Grande, OR for Sale
$2,700,000 USD
Apartments - FOR SALE
1/15
null | 7.46% Cap Rate

105 Fir St
La Grande, OR 97850


HIGHLIGHTS

  • Mixed-use Investment in Downtown La Grande, Oregon
  • Property is on the National Historic Register
  • Diverse Income Stream - Retail/Office/Apartment
  • Upside Potential
  • Zoning allows Airbnb/Nightly Rentals for Additional Income

OVERVIEW

The subject property is improved with a 7-story mid-rise commercial improvement identified as the SAC (short for Sacagewa) Annex or Roesch Building. Each Floor has approximately 8,184 square feet with an additional 13,200 square feet of basement and garage space. The property is comprised of ground floor retail space, second and third floor office space and fourth through seventh floor residential or apartment units. Interior finishes are representative of a building of this era and include carpet, wood and tile flooring, sheet rocked walls, some vaulted ceilings, hanging incandescent lighting fixtures and wood finishes. The property is listed on the National Historical Register in Oregon.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$38 USD /SF

# OF UNITS

52

PRICE/UNIT

$51,923

CAP RATE

7.46%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SAC Annex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

LG-CB

APN/PARCEL ID

03S3805CC-5800-0-132

ASK ABOUT THIS PROPERTY

Ryan ImbrieSVN | Imbrie RealtyMore Info
503-705-7352

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Ryan ImbrieSVN | Imbrie RealtyMore Info
503-705-7352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.