Somewhat Walkable

1251 Northeast Elm Street

Prineville, OR 97754


$1,800,000

Open House Dates

Commercial Building
17,500 sqft
MLS
201705708
Three-story Class B medical office building consisting of approximately 17,709 SF. Currently best suited for an owner/user but the building is on the market for lease too. Current Tenants include Prineville Physical Therapy & Lutheran Community Services. Included in the sales are two lots on the north side of NE Loper Ave that are used to accommodate additional parking.
Hasson Company Realtors

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Property Details
Price
$1,800,000
Sub Type
Income/Investment
Square Feet
17,500
Levels
3
Year Built
1976
Acres
0.82
Garage Spaces
47
Terms
Net
Lot Square Feet
35,719
Location
Subdivision:
CLACC
County:
Crook
Status:
Active
Estimated Taxes:
$0
Listing Office:
Compass Commercial Real Estate Services
Listing Last Updated:
June 13, 2017 1:24 PM

 Interior
Interior
Heating
Forced Air

 Exterior
Exterior
Foundation
Basement
Roof Type
Membrane
Construction
Unknown

 Lot & Land
Lot & Land
Acres
0.82
Sewer
City Sewer
Water
City
Lot Size
35719


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Prineville


Prineville is a small town with a big personality, located in the high desert of Central Oregon. Founded in 1868 by settler Barney Prine, the area began as a blacksmith shop and saloon built on the banks of the Crooked River. It slowly developed into a bustling community, and until 1911, was the region’s primary center for trade. When the Union Pacific and Oregon Trunk Railroads extended south to Bend, Prineville’s growth and business came to a halt. Taking action, locals voted to build their own railroad connecting to the main line 19 miles away. Proving to be a success, the town prospered from a booming lumber industry. The cities of Culver and Madras are located nearby.

 

VIBE AND STYLE

Prineville is a delightful desert town focused on revitalization. With a strong network of local entrepreneurs and business owners who are expanding and establishing new ventures, the area’s economy has sustained momentous growth. Residents are dedicated to preserving the city’s western heritage while embracing expansion and development. The moderate climate and high quality of life make Prineville one of Central Oregon’s most desirable locations.

Homes reflect Prineville’s western heritage in a changing environment. New construction developments provide modern amenities without harming its surrounding natural beauty. Large, luxury homes constructed with high-end materials and custom finishes feature scenic views and desert landscapes. Other real estate includes farms, acreage, and ranch style homes in traditionally designed neighborhoods.

 

LOCAL SCENE

At the center of the Prineville community is the eclectic downtown district. Dozens of boutiques and specialty stores line the streets where you’ll find feed stores next to galleries and saddle shops next to fine jewelers. Golf lovers flock to the resort’s highly respected golf course designed by golf legend Peter Jacobsen. Other resort amenities include spas, fine and casual dining, horseback riding and social events.

 

OUTDOOR SANCTUARY

Surrounded by parks, rivers, and mountains, outdoor activities abound. Welcoming visitors interested in camping and exploring is the beautiful Prineville Reservoir State Park. During summer months you’ll find locals and visitors swimming, boating and fishing in the park’s cool blue waters. Powell Butte Nature Park is located between Prineville and Redmond and has over 600 acres of trails for hiking and biking. Families congregate at any of the area’s eleven parks offering maintained multi-use paths, play structures and heated outdoor swimming pools.



Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

Compass Commercial Real Estate Services

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: June 13, 2017 1:24 PM

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