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158 Main St

Vale, OR 97918

About this property

Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.

About this property

Well maintained historic building with a true 10%+ CAP RATE! What more can you ask for?? The main level has always been used for commercial purposes (most recently a bakery), but has been added as a residential rental to create a total of 7 monthly rent incomes from the property. Just a few of the updates include electrical, roof, recaulking of exterior bricks, flooring, painting, bathrooms, furniture & appliances. Complete list is available under the doc tab. This property also qualifies for the Downtown Beautification Grant that matches up to $5000 toward any future updates.

Features and Additional Information

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$370,000 Active
4,439 SQFT

Presented By Coldwell Banker Distinctive Properties Vail

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Get in touch today! Phone: 1-970-476-2113
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Brokerage
Silvercreek Realty Group
1-208-377-0422

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Listed By Rachael Simonsen
Brokerage: Silvercreek Realty Group

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