This is an exciting opportunity to own a mixed-use commercial asset in historic downtown Prineville. The property is located on Main Street in a high traffic area with strong occupancy rates. The property also sits adjacent to one of the only public parking lots in downtown Prineville.
This property offers strong cash flow potential with an 8.0% pro forma cap rate ($106/SF). All leases are NNN. 320 N Main St presents an excellent opportunity to acquire immediate cash flow with longer term growth potential.
Originally built in 1938, 320 N Main St has been renovated over the last three years. Improvements include a full cosmetic remodel of the second story in 2022, individual office room build outs in 2023, and a brand new TPO roof in 2024. Listing Broker has an ownership interest in the property; Contact Listing Broker for financial information and rent roll.