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21046930
21040497

517 N Main St, Milton-Freewater, OR 97862

DG
WA 117377
John L. Scott Real Estate Pasco
Listed by John L. Scott Real Estate Pasco
$450,000
552 days on market
Updated 43 days ago

1st National Bank of Freewater

Details
APN 5N3502-AD-09500
Property Type Hospitality, Office (+2)
Sub Type Bar, Creative Office (+1)
Square Footage 8,340
Net Rentable (SqFt) 7,200
Broker Co-Op Yes
Class A
Year Built 1911
Year Renovated 1970
Buildings 1
Stories 2
Lot Size (SqFt) 3,600
Zoning Commercial
Investment Type Redevelopment
Ground Lease No
Ceiling Height 12 ft
Ownership Estate

Historical Bank Bldg in Downtown Freewater Oregon which may be eligible for State Renovation Credits

Marketing description

KEY FEATURES & STATS RETAIL/HOSPITALITY OPPORTUNITY IN HISTORIC OLD TOWN FREEWATER 8,340 SQ FT • Well constructed with original old-growth timber framing and trusses • Artisan stonework and thick exterior wall construction • High ceilings throughout provide airy and open space • Warehouse-sized square footage wrapped inside a historic and architectural gem • Qualifies for numerous grants and federal tax credits for restoration/rehabilitation • Opportunity to help revitalize North Main by being a destination for locals and visitors • Built to last in 1911 • Stately brick building with handcrafted, architectural detailing • Three levels including basement with bank vault • Corner lot with on-street parking • Ideal for winery, distillery, restaurant & residential • Located within the Rocks District AVA

Investment highlights

Redevelopmnet Opportunity Located in the Oregon AVA known as “The Rocks”. also the sub AVA of Walla Walla and the Columbia Valley. Opportunities include but not limited to:

Boutique Hotel & Event Venue - Wine Bar & Tasting Room, Wine and Food Pairing Restuarant -Luxury Condo or Apartments

Speakeasy or Craft Cocktail Bar-

Commercial Retail/Residential Hybrid - Co-Working Space or Business Incubator -Art Gallery & Studio Space -Community Center or Non-Profit Hub

See Offering Memorandum for ideas and Oregon Related Grants and Funding Sources.

Listing Contacts

DG
WA 117377
John L. Scott Real Estate Pasco
Listed by John L. Scott Real Estate Pasco

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