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$1,800,000
Est. payment /mo
7,072 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 7,072 sqft
Price per Sqft $254
MLS Listing ID 220207900
Year Built 1924
Annual Tax Amount $10,310
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 0.08
Property Description
Iconic downtown Prineville building in the heart of Oregon's fastest-growing county. With 83% income growth and state-leading GDP gains, Prineville is experiencing unprecedented economic momentum.
Street-level retail is leased to Whiskey Darlin' boutique (tenant since 2021) and HIIT Logic Fitness, both under new 3-year terms.
The upper level features a 12-room bunkhouse/extended-stay motel designed to serve the area's booming data and renewable energy sectors. It remains consistently occupied, with rising rents, several long-term tenants, and continued upside contributing to strong, reliable cash flow.
The property has been substantially renovated over the past three years, enhancing both appeal and functionality. An unfinished basement offers additional upside for storage or future build-out.
A rare opportunity to own a landmark mixed-use asset with a strong operating history and creative potential. Financials include management for a hands-off investment opportunity.
Street-level retail is leased to Whiskey Darlin' boutique (tenant since 2021) and HIIT Logic Fitness, both under new 3-year terms.
The upper level features a 12-room bunkhouse/extended-stay motel designed to serve the area's booming data and renewable energy sectors. It remains consistently occupied, with rising rents, several long-term tenants, and continued upside contributing to strong, reliable cash flow.
The property has been substantially renovated over the past three years, enhancing both appeal and functionality. An unfinished basement offers additional upside for storage or future build-out.
A rare opportunity to own a landmark mixed-use asset with a strong operating history and creative potential. Financials include management for a hands-off investment opportunity.
Location
State OR
County Crook
Rooms
Basement Unfinished
Interior
Heating Heat Pump
Cooling Heat Pump
Exterior
Parking Features On Street
Roof Type Membrane
Building
Foundation Brick/Mortar
Water Public
Level or Stories Two
Structure Type Brick
New Construction No
Others
Senior Community No
Tax ID 8586
Acceptable Financing Cash, Conventional, Owner Will Carry
Listing Terms Cash, Conventional, Owner Will Carry
Special Listing Condition Standard
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Listed by NAI Cascade
NEARBY SCHOOL & BUSINESS
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