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Commercial Property in the Heart of Downtown 394 NE Belknap St 8 740 pi² 100% Loué Commerce de détail Immeuble Prineville, OR 97754 2 306 567 $ CAD (263,91 $ CAD/pi²) 6,50% Taux de capitalisation
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Faits saillants de l'investissement
- Located in charming downtown Prineville, Oregon
- Outside space for growth
- Large building with new updates
Résumé de l'annonce
Prime Downtown Commercial Investment – Heart of Prineville, Oregon
This iconic 8,740 sq ft multi-tenant commercial building sits on 0.31 acres (13,440 sq ft lot) in the thriving heart of downtown Prineville. Zoned C-1 and steps from Main Street, this property offers excellent visibility, foot traffic, and easy access across from the fire station and community park.
Built in 1945 and proudly owned by a longtime Prineville family before us, the building served as a beloved local butcher shop for decades. In 2022, following a fire, we fully rebuilt 2,000 sq ft of the largest unit from the ground up and completely updated the electrical system in the 4,000 sq ft unit with 3-phase power. Recent improvements also include a new roof, ADA bathroom updates, new insulation, and professional HVAC cleaning/maintenance throughout.
Owner financing available with agreeable terms.
Property Features:
Three separate tenant units: storage/retail, front retail/studio space, and office space
Large shop door, high ceilings, street signage, and a paved alleyway for additional outdoor use or expansion
HVAC throughout, city water & septic, high-capacity internet
Ample parking and strong curb appeal in a flourishing downtown
Fully leased with stable, happy tenants on current 5-year renewable leases at market rates. This turn-key income-producing property has been 100% occupied since we purchased it in 2022. Annual property taxes are $10,421.20.
Priced at $1,628,000 with flexible owner-carry financing available on agreeable terms. Motivated seller — flexible closing. Serious inquiries only with proof of qualifications. No showings without pre-qualification to respect our excellent tenants. Buyer’s realtor fees are open for discussion. Attorney and Western Title in Prineville ready to handle smooth closing.
This is more than a building — it’s a piece of Prineville’s hardworking American spirit with tremendous upside in a town that celebrates its ranching roots, rodeos, fairs, and small business owners.
Contact owner Candace Frantz directly:
frantzcr@gmail.com
541-279-1062
This iconic 8,740 sq ft multi-tenant commercial building sits on 0.31 acres (13,440 sq ft lot) in the thriving heart of downtown Prineville. Zoned C-1 and steps from Main Street, this property offers excellent visibility, foot traffic, and easy access across from the fire station and community park.
Built in 1945 and proudly owned by a longtime Prineville family before us, the building served as a beloved local butcher shop for decades. In 2022, following a fire, we fully rebuilt 2,000 sq ft of the largest unit from the ground up and completely updated the electrical system in the 4,000 sq ft unit with 3-phase power. Recent improvements also include a new roof, ADA bathroom updates, new insulation, and professional HVAC cleaning/maintenance throughout.
Owner financing available with agreeable terms.
Property Features:
Three separate tenant units: storage/retail, front retail/studio space, and office space
Large shop door, high ceilings, street signage, and a paved alleyway for additional outdoor use or expansion
HVAC throughout, city water & septic, high-capacity internet
Ample parking and strong curb appeal in a flourishing downtown
Fully leased with stable, happy tenants on current 5-year renewable leases at market rates. This turn-key income-producing property has been 100% occupied since we purchased it in 2022. Annual property taxes are $10,421.20.
Priced at $1,628,000 with flexible owner-carry financing available on agreeable terms. Motivated seller — flexible closing. Serious inquiries only with proof of qualifications. No showings without pre-qualification to respect our excellent tenants. Buyer’s realtor fees are open for discussion. Attorney and Western Title in Prineville ready to handle smooth closing.
This is more than a building — it’s a piece of Prineville’s hardworking American spirit with tremendous upside in a town that celebrates its ranching roots, rodeos, fairs, and small business owners.
Contact owner Candace Frantz directly:
frantzcr@gmail.com
541-279-1062
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel (CAD) | Annuel par pi² (CAD) |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Dépenses d’exploitation |
$99,999
|
$9.99
|
| Total des dépenses |
$99,999
|
$9.99
|
| Revenu net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Taille du bâtiment
8 740 pi²
Classe d’immeuble
C
Année de construction/rénovation
1945/2024
Prix
2 306 567 $ CAD
Prix par pi²
263,91 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
149 927 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,65
Taille du lot
0,31 AC
Zone de développement économique
Oui
Zonage
C1 - Zoned C1, mixed use- We have storage and retail unit, office spaces, and retail/ studio unit.
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
50/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 008271 | Évaluation totale | 255 922 $ CAD |
| Évaluation du terrain | 0 $ CAD | Impôts annuels | (1 $) CAD (0,00 $ CAD/pi²) |
| Évaluation des bâtiments | 0 $ CAD | Année d’imposition | 2025 Payable 2025 |
Impôts fonciers
Numéro de lot
008271
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
255 922 $ CAD
Impôts annuels
(1 $) CAD (0,00 $ CAD/pi²)
Année d’imposition
2025 Payable 2025
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Vue depuis la rue
Rue
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Présenté par
Frantz Property
Commercial Property in the Heart of Downtown | 394 NE Belknap St
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