Exceptional Commercial Investment

FEATURING…

Air BnB, Commercial Rental, Historic Building

  • Extensive Upgrades Inside & Around.
  • Strong and Positive Cash Flow.
  • Historic Registry – Low Taxes.

DETAILS

Profitable and Renovated commercial building that is on the Historic Registry. The lease includes 1 restaurant, 4 professional rented units. There are 4 Air BnB Units with management services available after purchase. Off-street parking too. Heat, plumbing, and electrical all updated! Occupancy demand is strong on this one!

Area information provided by the Wallowa County Chamber

features

Location

107 N River Street Enterprise, OR 97828

Professional Listings by

Lee Daggett

Principal Broker 
CRS, GRI

Additional PROPERTY INFORMATION

Listing Details

  • Status: Active
  • Property Category: Commercial Sale
  • Property Type: Commercial
  • Price Type: List Price
  • Area: Wallowa County
  • Full Street Address: 107 N RIVER ST
  • Street Number Display: 107
  • Country: US
  • Sq Ft Approximate Gross: 11,016
  • Stories: 2
  • Year Built: 1916
  • Listing I D: 21344249
  • Photos Count: 22
  • Property Condition: Register of Historic Homes
  • Remarks Public: Profitable and Renovated commercial building that is on the Historic Registry. Lease includes 1 resturant, 4 professional rented units. There are 4 Air BnB Units with management services available after purchase. Off street parking too. Heat, plumbing and Elctrical all updated! Occupancy demand is strong on this one!
  • Street Dir Prefix: N
  • Street Name: RIVER
  • Street Type Suffix: ST
  • Unreinforced Masonry Bldg: Yes
  • Internet Service Type: Wireless

Interior Features

  • Legal Description: 02S4402AA TL#1501
  • Equipment: Furniture, Smoke Detector
  • Features: Display Window, Inside Storage, Office, Utilities Included

Exterior Features

  • County: Wallowa
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Rubber
  • View: City, Mountain(s)
  • Construction: Concrete, Full Basement, Stone
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 10
  • Parking Description: Assigned, On Site

Utilities

  • Fuel Description: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Lot Info

  • Acres: 0.14
  • Zoning: CBD
  • Present Use: Food Service, Hotel/Motel, Office
  • Sq Ft Approximate Lot: 6067

Rental Info

  • Existing Lease Type: Month To Month

Commercial Info

  • Buildings Total: 1
  • Ceiling Height: 14
  • Gross Income Actual: 107551
  • Gross Income Projected: 134370
  • Inventory Included: Yes
  • Net Income Actual: 79921
  • Net Income Projected: 103912
  • Operating Expenses Actual: 27630
  • Operating Expenses Projected: 30458
  • Year Established: 2016

Tax Info

  • Tax Amount: 968.72
  • Tax ID: 9699
  • Tax Year: 2020

Location Info

  • City: Enterprise, OR
  • Directions: East side of River St near the corner of North & River and next to City Hall
  • State: OR
  • Street Number: 107
  • Zip Code: 97828
 
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