Homes for sale - 11201 ISLAND AVE, La Grande, OR 97850

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John Minnis

MORE Realty

john.minnis@morerealty.com +1(503) 804-6233

Listed by Oregon Life Homes • 541-206-3028

$ 3,975,000

Est. payment | -/mo

7,810 SqFt

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$ 3,975,000

Est. payment | -/mo

Save Virtual Tour

7,810 SqFt

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

Regional Multiple Listing Service (RMLS)

+1(503) 804-6233

john.minnis@morerealty.com

8308 E. Mill Plain Blvd; Suite 103, Vancouver, WA, 98664

11201 ISLAND AVE La Grande, OR 97850