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Oregon City Hospital

2 Health Care Properties Offered at $6,500,000 in Oregon City, OR

Investment Highlights

  • Excellent downtown Oregon City location
  • Flexible zoning
  • Footings, foundation, and framing are in excellent condition
  • In Qualified Opportunity Zone
  • Reduce construction cost risk utilizing existing shell and infrastructure

Executive Summary

The Oregon City Residential Care Facility consists of two separate structures on three parcels in historic Oregon City. The Guy Mount residence (505 10th Street) was constructed in 1925 as a six-bedroom, 7,708-square-foot residence for Dr. Guy Mount, the founder of the Oregon City Hospital. The building has poured in place concrete foundation, stout old-growth Douglas Fir framing, and is finished in stucco with a tile roof.
The Hospital/residential care facility (515 10th Street) was constructed in 1930 as the Oregon City Hospital. The building is 29,196 square feet on three levels. Similar to the Dr. Guy Mount residence, the hospital sits on a poured-in-place concrete foundation, with old-growth Douglas Fir framing, stucco exterior, and tile roof. The foundation, framing, and roof structure are in excellent condition. The building has been stripped of its interior lath and plaster walls to prepare for reconstruction of the interior. Backbone plumbing systems can still be utilized. Electrical systems will need to be upgraded to current standards.
The location and zoning support several uses such as senior assisted living, residential care facility, treatment facility, apartments or condominiums, hotel/motel, office, and general healthcare. The property has easy access to McLoughlin Boulevard, Main Street, and Interstate 205.

Property Facts

Price $6,500,000
Price / SF $176.13 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 36,904 SF
Total Land Area 1.73 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Oregon City Residential Care Center
515 10th St, Oregon City, OR 97045
Health Care 29,196 SF 1925 -
The Guy Mount Residence
505 10th St, Oregon City, OR 97045
Health Care 7,708 SF 1925 -
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  • Listing ID: 28440226

  • Date on Market: 5/9/2023

  • Last Updated:

  • Address: Oregon City Hospital, Oregon City, OR

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