Listed by Boylan Realty, LLC
$475,000
McCallum Building
Details
APN 127658
Property Type Hospitality, Mixed Use
Sub Type Creative Office, Day Care/Nursery
Square Footage 5,480
Net Rentable (SqFt) 5,480
Units 3
Cap Rate 5.95%
NOI $28,260
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Options Month to Month
Price per SqFt $87
Broker Co-Op Yes
Class C
Year Built 1951
Year Renovated 2024
Buildings 1
Stories 1
Lot Size (SqFt) 21,960
Zoning C-1
Parking Spaces 24 spaces
Parking per 1,000 SqFt 4.38
Investment Type Owner/User
Tenant Credit No Credit Rating
Occupancy Date 02/01/2026
Hospitality | 3 Keys
Marketing description
This is a well maintained , well located property in the heart of downtown Hermiston. It is currently rented but available to a owner user if necessary. It has ample off-street parking.
Investment highlights
6% Cap Rate
Listing Contacts
Listed by Boylan Realty, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$28,260.00
$2,355.00/mo
Valuation Metrics
0
DSCR
5.95%
Cap Rate
5.95%
ROI
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