Listing provided courtesy of Boylan Realty LLC- MLS# 632991679MLS ProviderContact Information: 541-289-0234

405 N 1ST STHermiston, OR 97838

Commercial · 12,392 Sq. ft. | 1.57 Acres
$1,295,000 Active

405 N 1ST ST Overview

Time on Site:
376 days
Visits:
153

This property is well known in the community and has a good reputation. It is well maintained and has had a solid rental history. There is a cell tower behind the building and that lease is included in the sale.

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405 N 1ST ST Facts & Features

  • Type Commercial
  • Sq. ft. 12,392
  • Price/Sq.ft. $105
  • Lot 1.57 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Modified Gross,Month To Month
  • Gross Income: 105427.0
  • Gross Scheduled Income: 120000.0
  • Operating Expense: 69588.0

Building Information

  • Year Built: 1975

Business Information

  • Business Name: RADELCO LLC
  • Current Use: Food Service,Medical/Dental,Professional Service

Location/Region

  • Country: US
  • County Or Parish: Umatilla
  • MLS Area Major: 431 - Umatilla Co: Hermiston

Rent/Lease Information

  • Lease Amount: 8786.0

Tax Information

  • Tax Annual Amount: 10941.14
  • Tax Year: 2024

General Information

  • Inclusions: Building,Land,Sign
  • Listing Terms: Cash
  • Parcel Number: 120707
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: C-2

Interior

Building Interior

  • Building Area Total: 12392.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air90
  • Other Equipment: Smoke Detector
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Street,Paved
  • Parking Total: 80.0

Lot Information

  • Lot Size Acres: 1.57
  • Lot Size Area: 68389
  • Lot Size Square Feet: 68389.0
  • Number Of Buildings: 2
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Block,Frame
  • Roof: Built-Up,Flat

General Information

  • Road Frontage Type: 100
  • Sewer: Public Sewer

405 N 1ST ST Neighborhood

Community

97838 (Hermiston) Demographics

34
Median Age
149
Population Density (per sq. mile)
26%
College Educated
$64,579
Estimated Median Income
5,995
Estimated Total Home Owners
2,943
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

405 N 1ST ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

405 N 1ST ST Market Data

Based on the last 30 days in this zip code

$397,075
Average List Price
$230
Average Price per Square Foot
22
Properties Sold
93
Average Days on Market
153
Properties for Sale
Calculations provided by Reliance Network

405 N 1ST ST History

Date Event Value Agent
10/1/2025Source: Regional MLS Price Reduction
$1,295,000 -35.2%
6/18/2025Source: Regional MLS Added to Database
June 18, 2025