2017 Main StBaker City, OR 97814
- Retail space
- 7,500 SF
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
Location Insight
- City
- Baker City
- County
- Baker
- State
- Oregon
- Latitude
- 44.7775
- Longitude
- -117.83
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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