'This .23-acre property in downtown Vale, Oregon offers a great investment opportunity with three income-generating buildings. The commercial zoning allows for both business use and residential development, giving you the flexibility to either maintain the current rentals or explore new residential options. Located in the heart of town, it’s close to shops, restaurants, and other amenities, making it an ideal spot for various ventures. Whether you want to keep the existing setup or take advantage of the mixed-use potential, this property offers plenty of growth opportunities.
This building is a historical building that has been part of Vale's landscape since 1937! It is a favorite hangout for locals and a sure visit for bird hunters, fire fighters, travelers and rodeo fans! This turnkey bar has been a staple for Vale for over 30 years. The walk-in cooler provides access to a reach in for busy bartenders. Currently there are five busy Oregon Lottery machines that often have a waiting line! The beautiful new bar tops are enhanced with black light and a live edge. The fenced patio is a great area for more socializing! The complete kitchen supports a full menu which could include burgers and fries, pizza, deli sandwiches and other fried foods. A must see!
Experience the epitome of convenience and opportunity in downtown Vale, Oregon! This meticulously maintained commercial building offers a prime investment opportunity with multiple offices for rent and a spacious apartment. Nestled in the heart of the bustling downtown district, this property boasts high visibility and foot traffic, making it an ideal location for businesses. With its versatile layout and strategic location, seize the chance to elevate your investment portfolio and capitalize on the vibrant Vale market. Don't miss out on this rare gem – schedule your viewing today!
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.
* HUGE PRICE REDUCTION* Currently priced under appraised value. Here is an opportunity to purchase a piece of Vale Oregon history. The building formerly known as the grange located in Vale Oregon is being offered for sale. You will be amazed at the large open space this property offers. You will find a fully operational commercial kitchen downstairs as well as 2 fully functional bathrooms. The downstairs kitchen flows beautifully into a large dining hall. The large open areas should accommodate most business or commercial pursuits. Buyers will need to verify that zoning conforms to the expectation of the buyers and future use of the building.
Business Opportunity!! First time offered for sale. Featuring "Bates Motel" which includes a residence, 13 room motel and a deli. Family owned and operated since the 50's. Great location on 1.3 acres sitting on the edge of town next to thru traffic. Serviced with wells for water and hooked up to city sewer. 3 storage sheds. Room for RV's if needed. Lots of potential!! Call today for more information if you are looking for a working business to call your own..
Vale is located in Oregon. Vale, Oregon has a population of 2,151. Vale is less family-centric than the surrounding county with 25.87% of the households containing married families with children. The county average for households married with children is 29.5%.
The median household income in Vale, Oregon is $38,281. The median household income for the surrounding county is $47,906 compared to the national median of $69,021. The median age of people living in Vale is 28.7 years.
The average high temperature in July is 92.7 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 10.2 inches per year, with 11.8 inches of snow per year.
