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Listed by Oregon Life Homes • 541-206-3028
$3,975,000
Est. payment /mo
7,810 SqFt
New
11201 ISLAND AVE La Grande, OR 97850
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,810 sqft
Price per Sqft $508
MLS Listing ID 714946720
Year Built 1967
Annual Tax Amount $5,498
Tax Year 2024
Lot Size 4.900 Acres
Property Sub-Type Commercial
Property Description
This exceptional portfolio encompasses three thriving business entities situated on a prime 4.9-acre mixed-use lot, strategically divided into two tax lots. With potential for subdivision and development under local building codes, this property offers opportunities for additional commercial structures or high-density multifamily units—buyer due diligence is encouraged. Included in this sale are all three established businesses, along with the land, fixtures, and buildings in their current configuration. Please note that business operations may evolve slightly throughout the listing and sale period.1. Holding company that the other businesses rent from, creating a standalone business of building ownership and leasing activity within the property.2. Car Dealership: This dealership has experienced remarkable growth over the past nine years, specializing in gently used vehicles priced competitively. Its strong community reputation positions it for continued expansion. A service department and full service detail shop are part of this dealership to provide the end to end service for clients and new and old. The detail shop is located behind the main building, and has consistently increased its business since opening, with a busy schedule and loyal clientele. The service center, specializing in diesel mechanics, custom upgrades, and high-performance installations, is fully insulated and climate-controlled providing year-round efficiency and comfort.3. Auto Rental Company: With full bookings year-round, this rental agency maintains an updated fleet, ensuring a fresh and appealing selection of vehicles for customers.The three buildings have undergone numerous updates, making this portfolio a completely turnkey asset for prospective buyers.There are two dedicated entrances to the property with a 3rd entrance proposed by the city via a road extension at the back side of the property.
Location
State OR
County Union
Area _440
Zoning IC-CI
Interior
Heating Ceiling, Forced Air, Radiant
Cooling Central Air, Other
Equipment Compressor, Fixtures, FuelTank, Furniture, SecuritySystem, SmokeDetector
Exterior
View City, Mountain
Roof Type Composition,Flat,Metal
Garage No
Building
Sewer Public Sewer
Water Private
Others
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Virtual Tour https://youtu.be/LlaoFJN8RMg?si=UiIgUtdiUFWIKeYY
