COMM
12,450 sqft
MLS
18301201
Own and develop an entire city block in downtown Prineville. A great development opportunity in the heart of the city. This level 1.25 acre commercial site is near everything in Prineville and includes over 12,000 sf of existing buildings ripe for repurposing...AND Owner will provide seller financing with substantial down payment for a qualified purchaser. Building could be available to lease for acceptable tenant and use.
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Presented By

Chris Bonner  

Principal Broker, Licensed in Oregon

  • Mobile 503-516-6912
  • Office 503-335-9898
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Property Details
Price
$1,600,000
Sub Type
Commercial
Square Feet
12,450
Levels
1
Year Built
1990
Acres
1.25
Tax Deferred Property
Yes
Lot Square Feet
43,560
Location
County:
Crook
Status:
Active
Estimated Taxes:
$0
Listing Office:
Re/Max Key Properties
Listing Last Updated:
September 13, 2018 11:35 AM

 Interior
Interior
Heating
Other
Fuel
Electricity

 Exterior
Exterior
Roof Type
Metal, Other
Construction
Block

 Lot & Land
Lot & Land
Acres
1.25
Zoning
C1
Sewer
Public Sewer
Water
Public
View
City
Terrain
road description
Paved
present use
Retail


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Prineville


Prineville is a small town with a big personality, located in the high desert of Central Oregon. Founded in 1868 by settler Barney Prine, the area began as a blacksmith shop and saloon built on the banks of the Crooked River. It slowly developed into a bustling community, and until 1911, was the region’s primary center for trade. When the Union Pacific and Oregon Trunk Railroads extended south to Bend, Prineville’s growth and business came to a halt. Taking action, locals voted to build their own railroad connecting to the main line 19 miles away. Proving to be a success, the town prospered from a booming lumber industry. The cities of Culver and Madras are located nearby.

 

VIBE AND STYLE

Prineville is a delightful desert town focused on revitalization. With a strong network of local entrepreneurs and business owners who are expanding and establishing new ventures, the area’s economy has sustained momentous growth. Residents are dedicated to preserving the city’s western heritage while embracing expansion and development. The moderate climate and high quality of life make Prineville one of Central Oregon’s most desirable locations.

Homes reflect Prineville’s western heritage in a changing environment. New construction developments provide modern amenities without harming its surrounding natural beauty. Large, luxury homes constructed with high-end materials and custom finishes feature scenic views and desert landscapes. Other real estate includes farms, acreage, and ranch style homes in traditionally designed neighborhoods.

 

LOCAL SCENE

At the center of the Prineville community is the eclectic downtown district. Dozens of boutiques and specialty stores line the streets where you’ll find feed stores next to galleries and saddle shops next to fine jewelers. Golf lovers flock to the resort’s highly respected golf course designed by golf legend Peter Jacobsen. Other resort amenities include spas, fine and casual dining, horseback riding and social events.

 

OUTDOOR SANCTUARY

Surrounded by parks, rivers, and mountains, outdoor activities abound. Welcoming visitors interested in camping and exploring is the beautiful Prineville Reservoir State Park. During summer months you’ll find locals and visitors swimming, boating and fishing in the park’s cool blue waters. Powell Butte Nature Park is located between Prineville and Redmond and has over 600 acres of trails for hiking and biking. Families congregate at any of the area’s eleven parks offering maintained multi-use paths, play structures and heated outdoor swimming pools.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


Directors Mortgage

In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Re/Max Key Properties

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: September 13, 2018 11:35 AM

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