444 Broadway AveBurns, OR 97720

  • Other commercial real estate
  • 5,088 SF
For Sale
$250,000 View listing

Property Details for 444 Broadway Ave

Year built
1909
Property size (Sq ft)
5,088 SF
Zone code
CG
Property type
Other commercial real estate
APN
23S 31E 07CA 10700
APU
23S31E07CA10700

Description

This exceptional retail investment opportunity in downtown Burns, Oregon, presents a 5,088 square foot building on a 0.23-acre lot, featuring two separately metered units currently leased at 100% occupancy. Built in 1909 and renovated in 2019, the property boasts a 5.76% cap rate and a strong NOI of $14,400. The south unit showcases a remodeled interior with exposed beams, tongue-and-groove ceilings, polished concrete floors, and a large open showroom concept, while the north unit houses a long-standing, well-established business. Both units benefit from a shared rear parking area and separate HVAC systems installed in 2019. The property is zoned Commercial General and is ideally suited for an owner-user seeking a profitable venture or an investor looking for a low-maintenance, high-return investment in a revitalizing downtown area with high daily traffic. The month-to-month leases offer flexibility, and the property is eligible for a 1031 exchange. This is a rare opportunity to acquire a well-maintained, income-producing property in a growing Oregon community. The property's strong tenant base and prime location make it an attractive investment for both short-term and long-term growth.

444 Broadway Ave, Burns, Oregon

Location Insight

City
Burns
County
Harney
State
Oregon
Latitude
43.5894
Longitude
-119.055

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,441
-
-
$137,950
-
$105,190
$83,110
$188,300

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].