2017 Main StBaker City, OR 97814

  • Retail space
  • 7,500 SF
For Sale
$800,000 View listing

Property Details for 2017 Main St

Year built
1958
Lot size
0.17 AC
Property size (Sq ft)
7,500 SF
Zone code
BHD; BAKER HISTORICAL
Property type
Retail space
APN
09S4017DD 400
APU
09S4017DD400

Description

This exceptional Baker City, Oregon property, located at 2017 Main St, presents a unique investment opportunity. Boasting a prime downtown location in the historic district, this 7,100 square foot building sits on a one-acre lot and offers a versatile layout ideal for multi-tenant or single-user occupancy. The building's configuration includes a spacious, clear-span main floor, perfect for retail or office use, complemented by a full basement providing ample storage or additional space. Previously occupied by a Sears Hometown store, this property benefits from high visibility and excellent street frontage on Main Street. The asking price is $800,000, representing a compelling value for a property of this size and location in a thriving downtown area. The property is zoned for both retail and office uses, offering flexibility for a wide range of businesses. Its central location provides easy access to local amenities, transportation routes, and a strong customer base. This is an exceptional chance to acquire a significant commercial property in a desirable Oregon city. The property's size and location make it an attractive investment for both established businesses seeking expansion and entrepreneurs looking to establish a presence in a vibrant downtown setting. Don't miss this opportunity to own a piece of Baker City's rich history and promising future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,246,530
    6.5%
    $2,073,720
    7%
    $1,925,597
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,029,669
    Geo Method
    $4,029,669
  • Alternative Use

    Use
    Valuation
    Residential
    $1,749,260
    Hospitality
    $1,602,313
    Educational
    $1,333,106
    Medical
    $1,378,953
    Retail
    $2,073,720
2017 Main St, Baker City, Oregon

Location Insight

City
Baker City
County
Baker
State
Oregon
Latitude
44.7775
Longitude
-117.83

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
$4,972
$65,521
$212,302
$277,823
-
$131,960
$454,670
$586,630

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