600-651 E Coe Ave - Specialty FOR SALE


Stanfield, OR 97875 | 
$1,825,000 USD
208-248-7795
600-651 E Coe Ave, Stanfield, OR for Sale
$1,825,000 USD
Specialty - FOR SALE
1/40
null | Request Cap Rate

600-651 E Coe Ave
Stanfield, OR 97875


HIGHLIGHTS

  • Former high school campus on two parcels totaling over 5 acres, offering exceptional adaptive reuse and redevelopment potential.
  • Medium-density residential zoning with potential for commercial rezoning; ideal for multifamily, RV park, office, or mixed-use concepts.
  • Historic campus featuring former school and gym buildings suitable for private education, daycare, events, or office conversion.
  • Strategic location between Hermiston and Pendleton with convenient access to U.S. 395 and Interstate 84 for regional connectivity.
  • Flexible investment opportunity with multiple development paths and seller willingness to exchange for income-producing assets.
  • Rare Eastern Oregon property combining substantial existing improvements, redevelopment flexibility, and historical preservation eligibility.

OVERVIEW

The former Stanfield High School at 600-651 East Coe Avenue presents a rare adaptive reuse and redevelopment opportunity in Stanfield, Oregon. Encompassing a 50,000-square-foot former school and gymnasium situated on approximately 4.42 acres, plus an adjacent 0.92-acre parcel to the west, creating a unique offering with multiple paths to value creation. Whether envisioned as a private educational campus, daycare facility, event venue, office, or a future multifamily redevelopment project, the property's size and land configuration provide flexibility for a broad range of users and investors.          600-651 East Coe Avenue is currently zoned for medium-density residential use, with the City of Stanfield reportedly open to considering zoning changes to Neighborhood Commercial, expanding the potential development and investment landscape. The infrastructure offers substantial square footage that may support continued educational use, community, or commercial uses, while the land area presents opportunities for redevelopment concepts, including apartments, multifamily housing, a four-plex subdivision, or an RV park, subject to applicable approvals. The property's historical preservation qualification may also appeal to buyers seeking to repurpose a landmark asset while preserving its architectural character.         Strategically located with convenient access to US Route 395 and Interstate 84600-651 East Coe Avenue benefits from regional connectivity between Hermiston and Pendleton. Its location provides access to a growing consumer base and serves a community positioned near numerous Oregon recreational and tourism destinations. The site's visibility and accessibility support a variety of commercial, residential, educational, and hospitality-oriented concepts, making it adaptable to evolving market demands.          Combining multiple parcels, development flexibility, and strong transportation access, the former Stanfield High School represents an opportunity to reposition, redevelop, or reactivate a prominent community asset. The ability to pursue a range of uses enhances the property's appeal for investors, developers, owner/users, and entrepreneurial operators seeking a value-add opportunity in Eastern Oregon.

FOR SALE DETAILS

PRICE

$1,825,000 USD

PRICE/SF

$37 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Old Stanfield High School

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

4.39 AC

LAND SF

191,228 SF

ZONING

Multi-Family - Commercial

APN/PARCEL ID

137494

ASK ABOUT THIS PROPERTY

Chet PipkinChet PipkinMore Info
208-248-7795

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Chet PipkinChet PipkinMore Info
208-248-7795

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