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600 E Coe Ave - Historical Stanfield High School Campus

50,000 SF Specialty Building Offered at $1,595,000 in Stanfield, OR 97875

Investment Highlights

  • Central Location
  • Regional Events Center
  • Corporate Housing Campus

Executive Summary

Call listing Broker for details. 6 City Tax Lots (APN 137497 Lot 78 and APN 137494 - Lot 15, 16, 17, 18, 19) - 4 buildings - 5.34 Acres. Buyers pre-approval, and or statement of cash accounts required to show by appointment. Title to be First American Title - Christina Brusco. Please use OREF Commercial forms to present offer. Excellent 1031 Exchange opportunity. Appointment only.
Entrepreneurial opportunity to create destination commercial business of your dreams. 4 buildings offering nearly 50,000 sq. ft. on 5.34 Acres. The High School was built in 1923 and has had numerous additions over the past 100 years. This property is well positioned for an educational compound, event center, vocational school; multi-family development, short-term stay destination. Central regional hub for commerce and only 5 miles to Hermiston Municipal Airport (HRI). Major employers are USPS; Amazon; UPS; Agriculture; Food Processing. ?Preliminary planning for zoning variance required. Appointment only.

Taxes & Operating Expenses (Actual - 2022)

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2022)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $286,500,000
Annual Per SF $5,730.00

Property Facts

Price $1,595,000
Price Per SF $32
Sale Type Owner User
Sale Conditions
Ground Lease (Leased Fee)
  • Build to Suit
  • Bulk/Portfolio Sale
  • Lease Option
  • Redevelopment Project
Property Type Specialty
Property Subtype
Trailer/Camper Park
  • Specialty Lodge Meeting Hall
  • Specialty Shelter
  • Specialty Contractor Storage Yard
Building Class C
Lot Size 5.34 AC
Building Size 50,000 SF
No. Stories 2
Year Built 1923
Parking Ratio 4/1,000 SF

Amenities

  • Bus Line
  • Property Manager on Site
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
137494
Land Assessment
$108,050 (2023)
Improvements Assessment
$142,580 (2023)
Total Assessment
$250,630 (2023)

zoning

Zoning Code Multi-Family - Commercial (City of Stanfield open to Zoning change from Residential (R) to Neighborhood Commercial (NC))
Multi-Family - Commercial (City of Stanfield open to Zoning change from Residential (R) to Neighborhood Commercial (NC))
  • Listing ID: 33861660

  • Date on Market: 5/9/2019

  • Last Updated:

  • Address: 600 E Coe Ave, Stanfield, OR 97875

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