$2,900,000
Lot Size: 50,094 sqft

115 W HERMISTON AVE, Hermiston, OR 97838

For Sale On ZeroDown for 6 months
MLS Status: Active
The is a multi-use, multi-tenant complex of Office, Restaurant, and Service occupancies. Much of it has been recently remodeled (2020-2021). it is fully leased. ?This property has an estimated 5% Cap Rate based on estimated current earnings?.
Buy this home
We'll match the lowest rate, upgrade bid to a cash offer, and hold your hand every step of the way.
$13,902 per month See breakdown
20% down, 30 year mortgage, 6.156% APR
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Listing courtesy of Miller Realty, Inc.

All About The Home

Property Details for 115 W HERMISTON AVE

Property Facts
Status
Active
MLS #
22207451
Year Built
1975
Lot Size
50,094 sq ft.
Property Type
Commercial, CommercialSale
Style
Miscellaneous, Commercial, Commercial Sale
Time On ZeroDown
6 months
Interior Features

Heating & Cooling Information

Cooling:
CentralAir
Heating:
ForcedAir
See 20+ more property details
Listed by: Timothy Mabry
Brokerage: Miller Realty, Inc.
MLS#: 22207451
Source: RMLS
Details provided by RMLS and may not match the public record.

Search for Homes in Hermiston, OR 97838

Financials

Market Comparison for 115 W HERMISTON AVE

There aren't too many bidding wars right now in 97838, with homes selling 1% below asking price over the last three months.

Price Tracker for 115 W HERMISTON AVE

Is 115 W HERMISTON AVE a good investment?

How is this property expected to appreciate? Will this property outpace the market? Learn more about the appreciation levels for this area.

What should I look out for?

Are there any known issues with the home? What kind of things whould I look for based on the age of the home?

How Are the Schools near 115 W HERMISTON AVE?

97838 public schools nearby are not great, ranking below the national average.

Can I raise a family near 115 W HERMISTON AVE?

97838 has a neighborly feel with 68% of homes owner-occupied and an average household size of 2.8 members.

There are plenty of options for childcare for young familes in 97838, including Umatilla-Morrow County Head Start and Umatilla-Morrow Head Start. Proximity to urgent care centers such as Good Shepherd Medical Center, Whip City Auto, and Urgent Care is also a plus.

Is this area safe?

97838 is very safe compared to national averages.

What's nearby 115 W HERMISTON AVE?

This house is right near Lawan's Thai Garden, one of the best Thai places around.

Instacart grocery delivery is available in 97838 from 3 stores including Safeway, Rite Aid® Pharmacy, and Big Lots.

Dessert shops like yo country frozen yogurt, Panaderia Yasmine, and Dairy Queen are great options in 97838 for satisfying your sweet tooth.

What are my public transportation options near 115 W HERMISTON AVE?

More than 83% of commuters drive to work alone in 97838.

97838 has a walk score of 63 and a bike score of 47.

Where Can I Charge My Electric Vehicle near 115 W HERMISTON AVE?

There are 2 electric vehicle charging locations in 97838 with a total of 2 level 2 and 4 DC fast chargers.

Recently Sold Homes near 115 W HERMISTON AVE

19 homes were sold in 97838 this month, which is 32% lower than last month and 14% lower than last year.

Milkyway

How is the night sky in Hermiston?

Expect bright, suburban-like night skies and moderate light pollution, greyish glowing skies from the horizon to 35 degrees, lightly visible constellations against a starry sky, and a barely visible Milky Way with a broken appearance.

COVID-19 Vaccination Rates for Umatilla

The vaccination rate in Umatilla is 31.9, ranking 32nd in the state.

Natural Hazards risk in Hermiston

Based on historical data, this property is at risk of experiencing earthquakes with peak ground acceleration of up to 0.06g, which would produce moderate shaking and very light structural damage.

This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.

How are the noise levels near 115 W HERMISTON AVE?

Ambient noise level around this home is < 40 dBA , classified as faint - safe for any time period. Sounds like a quiet library.

Is the air quality good near 115 W HERMISTON AVE?

The air quality in 97838 was moderate last year, with 6 days when the Air Quality Index exceeded 100.

Will I Like My Neighbors near 115 W HERMISTON AVE?

This home is in a precinct that voted for Donald Trump in 2020, who took 61% of the 625 votes cast.

97838 has a neighborly feel with 68% of homes owner-occupied and an average household size of 2.8 members.

75.8% of adults in 97838 have completed high school, which is 14.0% lower than the national average.

Who provides the best cell coverage near 115 W HERMISTON AVE?

The best mobile coverage in 97838 is provided by Sprint with 66 cellular sites.

Who provides internet near 115 W HERMISTON AVE?

See a full list of available internet service providers for this home.

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