1745 SW 24th St - Schools FOR SALE


Pendleton, OR 97801
$1,100,000 USD
541-379-1338
1745 SW 24th St, Pendleton, OR for Sale
$1,100,000 USD
Schools - FOR SALE
1/15
null | 7.51% Cap Rate

1745 SW 24th St
Pendleton, OR 97801


HIGHLIGHTS

  • Prime Location in Pendleton's Medical and Office Corridor
  • Solid Tenant Mix
  • 100% Leased
  • Close Proximity to Hwy 395

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,239 SF

ZONING

C-3

APN/PARCEL ID

160270

ASK ABOUT THIS PROPERTY

Ashley MoalaThe Whitney Land CoMore Info
541-379-1338

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Ashley MoalaThe Whitney Land CoMore Info
541-379-1338

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