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Bowman & Hall Enterprises 128 SW 20th St

5,333 SF Vacant Industrial Building Pendleton, OR 97801 $450,000 ($84/SF)

Investment Highlights

  • Property located in heart of Pendleton retail. Walmart, Napa, Melanie Square, Safeway.
  • Property includes 3 tax lots totaling 1.68 acres.
  • Easy access to property from freeway, ample parking.

Executive Summary

1.68 acre property next to Napa, across from Walmart and Taco Bell. Property consists of 3 tax lots and 4 buildings. (It would be reasonable to scrape and build new.) 1) 960 sf office with excellent visibility and 2400 sf warehouse with bathroom on .56 acre lot. 2) 2 bed, 1 bath home on .57 acre lot. 3) .55 acre parcel with 832 sf utility building. All 3 tax lots are contiguous and are approximately 120'x596'. Located in the heart of Pendleton retail area.

Attachments

plat

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $22,800 $4.28
Other Income - -
Vacancy Loss - -
Effective Gross Income $22,800 $4.28
Taxes $2,601 $0.49
Operating Expenses $45 $0.01
Total Expenses $2,646 $0.50
Net Operating Income $20,154 $3.78

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $22,800
Annual Per SF $4.28
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $22,800
Annual Per SF $4.28
Taxes
Annual $2,601
Annual Per SF $0.49
Operating Expenses
Annual $45
Annual Per SF $0.01
Total Expenses
Annual $2,646
Annual Per SF $0.50
Net Operating Income
Annual $20,154
Annual Per SF $3.78

Property Facts

Price $450,000
Price Per SF $84
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • General Retail Storefront Retail/Office
Lot Size 1.68 AC
Rentable Building Area 5,333 SF
No. Stories 1
Year Built 1930

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code M1
M1
  • Listing ID: 30053640

  • Date on Market: 11/14/2023

  • Last Updated:

  • Address: 128 SW 20th St, Pendleton, OR 97801

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