Overview

  • Updated On:
  • January 18, 2024
  • 4,848.00 ft2
  • acre symbol
  • 0.81 acres

Eastern Oregon Commercial Property – Apple Peddler

$ 895,000
540 US-20,
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Description

540 Hwy 20, Hines

This is for the building and land only. The leaser has been at this location for over 20 years and has just renewed the lease for another 5 years. The cap rate is 5½ for 2021. This location is next to the Best Western Inn and is a great location. This is a great place to invest in if you are looking in the Eastern Oregon area.

**Financial are available upon request.
PRICE: $960,000.00 
TAXES: $10,655.93 (leaser pays all taxes
FINANCING: Cash
YEAR BUILT: 1997
SQ. FT.: 4,848
LOT SIZE: 0.81     
LEASE RATE: 7% of total gross sales
LEASE TERMS:  Lease just renewed for 5 years (June 1, 2022 to June 1, 2027)
ANNUAL NOI: $53,000

PROPERTY FEATURES:

Eastern Oregon Commercial

Investment Opportunity

Income Oppourtinity

Building & Land Only

Annual NOI: $53,000

Commercial Property

Land for Sale

Investment & Income

Address: 540 US-20
City:
State/County:
Zip: 97738
Country: United States
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Property Id : 239637
Price: $ 895,000
Property Size: 4,848.00 ft2
County: Harney County
Lot Size (AC): 0.81000
Year Built: 1997
Listing ID: 36102-00188
Office ID: 3675
Listing Address: 540 Hwy 20

Blackburn, Curt

United Country - Jett Blackburn Real Estate Inc.
Call Office541-413-5660
Call Mobile541-413-5777

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Blackburn, Curt