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The Clean Spot 1251 Switzler Ave 3,334 SF 100% Leased Retail Building Umatilla, OR 97882 $1,500,000 ($449.91/SF) 7.46% Cap Rate
Investment Highlights
- Downtown established business
- Growing Area
- Excellent condition
Executive Summary
Owner will consider financing with $400,000 down. Other terms negotiable
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
$208,626
|
$62.58
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$208,626
|
$62.58
|
| Taxes |
$1,285
|
$0.39
|
| Operating Expenses |
$98,656
|
$29.59
|
| Total Expenses |
$99,941
|
$29.98
|
| Net Operating Income |
$108,685
|
$32.60
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | $208,626 |
| Annual Per SF | $62.58 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $208,626 |
| Annual Per SF | $62.58 |
| Taxes | |
|---|---|
| Annual | $1,285 |
| Annual Per SF | $0.39 |
| Operating Expenses | |
|---|---|
| Annual | $98,656 |
| Annual Per SF | $29.59 |
| Total Expenses | |
|---|---|
| Annual | $99,941 |
| Annual Per SF | $29.98 |
| Net Operating Income | |
|---|---|
| Annual | $108,685 |
| Annual Per SF | $32.60 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Building Size
3,334 SF
Building Class
C
Year Built
1977
Price
$1,500,000
Price Per SF
$449.91
Cap Rate
7.46%
NOI
$111,968
Percent Leased
100%
Building Height
1 Story
Building FAR
0.29
Lot Size
0.26 AC
Zoning
C-3 - Commercial
Amenities
- 24 Hour Access
- Wheelchair Accessible
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- The Clean Spot Inc
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| The Clean Spot Inc | - | - | - | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 126394 | Total Assessment | $81,920 |
| Land Assessment | $13,950 | Annual Taxes | $1,285 ($0.39/SF) |
| Improvements Assessment | $67,970 | Tax Year | 2025 |
Property Taxes
Parcel Number
126394
Land Assessment
$13,950
Improvements Assessment
$67,970
Total Assessment
$81,920
Annual Taxes
$1,285 ($0.39/SF)
Tax Year
2025
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Map
Contact the Sale Advisor
The Clean Spot | 1251 Switzler Ave