Seller Financing
Address
395 N Main Street, Prineville, OR
Price
$ 1,800,000
Property Attributes
  • MLS#220207900
  • TypeCommercial
  • Listing Status Active
  • CountyCrook
  • CityPrineville
  • Zip97754
  • Style
  • Year Built1924
  • Taxes$ 10310
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7072
  • Lot Size0.08 Acres
Data Source:
MLS of Central Oregon (MLSCO)
Property Description

Iconic downtown Prineville building in the heart of Oregon's fastest-growing county. With 83% income growth and state-leading GDP gains, Prineville is experiencing unprecedented economic momentum. Street-level retail is leased to Whiskey Darlin' boutique (tenant since 2021) and HIIT Logic Fitness, both under new 3-year terms. The upper level features a 12-room bunkhouse/extended-stay motel designed to serve the area's booming data and renewable energy sectors. It remains consistently occupied, with rising rents, several long-term tenants, and continued upside contributing to strong, reliable cash flow. The property has been substantially renovated over the past three years, enhancing both appeal and functionality. An unfinished basement offers additional upside for storage or future build-out. A rare opportunity to own a landmark mixed-use asset with a strong operating history and creative potential. Financials include management for a hands-off investment opportunity.

Price History
1/29/2026 Listed $1,800,000

General Features

Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Roof Membrane
Construction Materials Brick
Year Built 1924
Levels Two
Tax Year 2025
County Crook
New Construction false
Property Type Commercial Sale
Attached Garage false
Status Active
City Prineville
Zoning Description C1
Number Of Units Total 14
Lot Size Units Acres
Lot Size Square Feet 3484.8
Tax Annual Amount 10310.81
Additional Parcels Y/N false
Standard Status Active
Cap Rate 7.27
Sewer_co_Public_sp_Sewer true

Interior Features

Basement Unfinished
Flooring Hardwood,Laminate
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Heating-Heat Pump true

Exterior Features

Parking Features On Street
Water Source Public
Lot Size Area 0.08
Foundation Details Brick/Mortar
Building Area Total 7072
Lot Size Acres 0.08

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 97754

Price
AVG $1.12M
$1.8M
Taxes
AVG $6,658
$10,310
Year Built
AVG 1970
1924