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111 E Railroad Ave, Hines, OR 97720

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For Sale

$299,500

0.25 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 0.3 acres
    Lot size

Explore this Property

Industrial Commercial Property in Burns, Oregon: This Eastern commercial property is zoned industrial and located off S Broadway in Burns, Oregon. The property features a 4,744+/- sqft shop with a metal roof, metal siding, loading dock, office space, and living quarters on the second floor. Business Potential and Rental Income: The shop is currently rented for $1,500/month, with additional rental income potential from the living quarters. It's an ideal location to start a business or make a sound investment. Functional Layout and Amenities: The lot is paved, with the structure strategically positioned for easy truck access to the loading dock. Inside, the business area offers a spacious open room suitable for conferences or workspaces, two offices, a 1/2 bath, and a well-equipped break room with ample storage and counter space. Living Quarters: The living quarters on the second floor comprise a 1 bedroom, 1 office space, and a 3/4 bathroom setup. The carpeted living space includes a kitchen with an island and bar seating, washer & dryer hookups, and a standard bedroom and bathroom layout with ample storage options. Investment Opportunity: This property presents a prime opportunity to establish a business or secure a valuable investment with diverse income streams. Don't miss out on the potential of this versatile industrial property in Burns, Oregon. *Located in an Enterprise Zone* LEGAL: 23S31E18-BA-02400; TAXES: $1,655.36 (2020 Tax Year) - Per County Records; FINANCING: Cash or Bank Financing; YEAR BUILT: 1961; SQ. FT.: 4,744 sq ft (+/-) - Per County Records; ACREAGE: 0.25+/- Acres; HEAT SOURCE: Newer Mini Split, Heat Pump & Cadet Heaters; BEDROOMS: 1 Bedrooms; BATHROOMS: 1.5 Bathrooms - 3/4 Bathroom in living quarters, 1/2 bathroom downstairs; APPLIANCES: Range & dishwasher
MLS# 11448529

Courtesy Of Jett Blackburn Real Estate Inc.

(541) 413-5660

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.25 Acres

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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