158 Main St Vale, OR ^$ 370,000

158 Main St

^$ 370,000

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Recently Listed

158 Main St

Vale, OR, 97918

^$ 370,000

Bedrooms7 Baths0.0 Sq 4,439

Monthly Estimate*

^$ 2,459

Commercial Property for sale in Vale, OR

for $370,000 with 7 bedrooms. This 4,439 square foot building was built in 1907 on a lot size of 0.06.

Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.

Commercial Active

Price

^$ 370,000

Bedrooms

Property Type

Commercial

Taxes

^$ 1,215

Style

Lot Size

0.06

Year Built

1907

Town/City

Vale

County/Region

Malheur

MLS | Web ID

98911010

Features

General

Heating Forced Air Natural Gas

Utilities Sewer Connected Natural Gas Available

Roof Other

Construction Materials Brick Concrete

Year Built 1907

Stories 2

Gross Income 49200

Business Type Other

County Malheur

Net Operating Income 37185

Operating Expense 12015

New Construction N

Property Type Commercial Sale

HOA / Comm Assn N

Attached Garage N

Possible Use Land Suitable(Residential Multifamily Office) Retail Suitable(Free Standing Building Street Retail)

Garage Y/N N

Status Active

City Vale

Buyer Agent Compensation 3

Senior Community Y/N N

Zoning Description Commercial

Total Units 5

MLS Area Malheur Other - 1675

Lot Size Square Feet 2613.6

Waterfront Y/N N

Carport Y/N N

Street Name Main St

Listing Terms Cash Other

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1215

Home Warranty Y/N N

Building Area Units Square Feet

Cap Rate 10

Buyer Agent Compensation Type %

Interior

Flooring Other

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Total Bedrooms 7

Below Grade Finished Area Unit Type Square Feet

Above Grade Finished Area Unit Type Square Feet

Living Area Units Square Feet

Exterior

Fencing None

Parking Features 1 - 5 Spaces

Lot Features Sm Lot 5999 SF

Water Source City Service

Lot Size Area 0.06

Spa N

Building Area Total 4439

Lot Dimensions 94x28.25

Lot Size Acres 0.06

Lot Size Units Acres

Door Features Grade Level Door

Open Parking Y/N N

Internal Only

Street Number 1 158

* Excluded Features

List By

Rachael Simonsen

Listing Agent

Silvercreek Realty Group

Broker

rachaelworks4you@gmail.com

Affordability Calculator

$2,560

Per Month

Monthly Principal & Interest: $2,459
Monthly Property Taxes: $101
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Vale, OR

Average List Price ^$917,000

Percent of Sale Price 148%

About Vale, OR

1,902 Population

-2% Since 2002

^$38,188 Median Income

36.54 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

397929 Elementary School

397955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/18/2024	$370,000		Listed Price

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158 Main St, Vale, OR, 97918 is a Commercial Property for sale at $370,000 with 4,439 sqft and a lot size of 0.06. 158 Main St has 7 bedrooms, 0.0 baths, and was built in 1907. The property's zip code is 97918 which is in Vale, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the, Intermountain MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the, Intermountain MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/2/2024.

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158 Main St

Commercial Property for sale in Vale, OR

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