142 Front StreetPrairie City, OR97869

$570,000
2 total units
3500 sq. ft
0.06 acres
Zoning: Comm
268 days on market

VestorFilter™

Price per ft²$162.86/ft²
Price per acre$9.5M/ac
Time on market268 days

Property Description

Two commercial buildings plus a bare lot on the main street through Prairie City. 3 apartment, 1 restaurant, two storefronts with a half bath in each storefront. Rents for the property are very high for the area and stay rented with near 100% occupancy without advertising. There is a very tight renters market here and that has been the case for many years. Restaurant comes with all the commercial kitchen appliances (minus small prep table), including range, refrigerators, freezers, sinks, counters, fryer, etc.Tenants are mostly mid-term renters on contract at the hospital. Rents are more than double most in Grant County.High producing well with paperwork, but not being used for anything but car washing, etc. Buildings are hooked up to city water and sewer.

Financial Data

Original Price$570,000
Current Price$570,000
Property Taxes$1,008

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Home Facts

StatusActive
Year Built1905
MLS ID220169220