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512 E Main St 5,480 SF Retail Building Hermiston, OR 97838 $475,000 ($86.68/SF) 6% Cap Rate
Investment Highlights
- Main Street location
- Ample Parking
Executive Summary
This building is currently divided into three spaces. The building construction probably allows six. It is currently occupied as a church, but has been occupied as a market and other various retail and office tenants.
Data Room Click Here to Access
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Building Size
5,480 SF
Building Class
C
Year Built/Renovated
1951/2024
Price
$475,000
Price Per SF
$86.68
Cap Rate
6%
NOI
$28,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.50 AC
Zoning
C-1 - Downtown Commercial
Parking
24 Spaces (4.38 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 127658 | Improvements Assessment | $66,970 |
| Land Assessment | $273,930 | Total Assessment | $340,900 |
Property Taxes
Parcel Number
127658
Land Assessment
$273,930
Improvements Assessment
$66,970
Total Assessment
$340,900
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Boylan Realty LLC
512 E Main St
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