For Sale
$800,000

140 11Th StHermiston, OR 97838

Remodeled Office Building, 5-Year Lease

Overview

Added:
Feb 3
Days on market:
70
This exceptional Hermiston office building presents a compelling investment opportunity. Located at 140 SW 11TH St Unit 140, this 3,040 square foot property sits on a sizable 0.28-acre lot. The building underwent a complete remodel just three years ago, ensuring modern and updated interiors. A significant advantage is the existing five-year lease, providing immediate and consistent rental income. This lease agreement offers stability and predictability for the investor. The property's value is further enhanced by the inclusion of an additional finished lot located directly behind the main building. This extra land offers potential for future expansion or development, adding considerable flexibility and long-term growth potential. The property is situated in Hermiston, Oregon, offering access to a thriving local economy and convenient transportation links. The combination of a recently remodeled building, a secure long-term lease, and the added benefit of a finished rear lot makes this a truly attractive investment prospect. The asking price is $800,000. This is a rare opportunity to acquire a turnkey commercial property with significant upside potential. Serious inquiries are encouraged.

Property Details for 140 11Th St

Property type
Office properties
Square Feet
3,040 SF
Year Built
1970
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Hermiston
County
Umatilla
State
Oregon
Latitude
45.84002
Longitude
-119.3114
140 11Th St, Hermiston, Oregon

FAQs

What type of property is this?
Office property - Remodeled Office Building, 5-Year Lease
Where is the office property located?
The property is located at 140 11Th St Hermiston, OR.
What is the asking price?
The asking price for this property is $800,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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140 11Th St
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