®
REAL ESTATE
203 KINKADE BOARDMAN, OR 97818
5000 Gross SF BUILDING FOR SALE
OFFERED AT: $400,000
John L. Scott Real Estate Hermiston | 985 N 1st St | HERMISTON, OR, 97838 541-567-8303 | www.hermistonoffice.johnlscott.com
203 KINKADE, BOARDMAN, OR 97818
CONTENTS
OVERVIEW
3
PROPERTY PHOTOS
4
AERIAL MAP
5
STREET MAP
6
BUSINESS AND LEASE INFORMATION
7 K
HOUSING VALUES
8
INCOME
9
EMPLOYEMENT
10
POPULATION GROWTH
11
COMMUNITY OVERVIEW
12
COMPANY SUMMARY
13
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
2
203 KINKADE, BOARDMAN, OR 97818
OVERVIEW
Profitable Ethnic (Hispanic) grocery located in Boardman, OR, Great clientele and repeat business. Owner has experienced approx 34% growth rate in sales over the last 3 years as well as a significant increase in net income. Great opportunity.
PROPERTY HIGHLIGHTS
Property Type: Commercial County: Morrow Zoning: COM Legal: See Exhibit A Tax ID: 0003833 Offer/Nego: Call Seller's Agent Sale Inc: Building, Equipment, Land ● Lot Size: 1 to 2.99 Acres ● ● ● ● ● ● ●
● ● ● ● ● ● ● ●
Lot SqFt: 87000 Parking: 28 Construction: Block Roof: Metal Year Built: 1960 Ceiling Ht/Ft: Gross SqFt: 5000 Road Surface: Paved
®
UTILITIES ● ● ● ●
Heat: Forced Air Fuel: Electricity Water: Public Sewer: Public Sewer
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
3
PROPERTY PHOTOS
®
203 KINKADE, BOARDMAN, OR 97818
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
4
203 KINKADE, BOARDMAN, OR 97818
AERIAL MAP
SUBJECT
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
5
203 KINKADE, BOARDMAN, OR 97818
STREET MAP
SUBJECT
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
6
BUSINESS AND LEASE INFORMATION
Actual Gross Income: $552,000 Proj. Gross Income: $604,800 Business Name: Tienda El Sol II Actual Net Income: $86,200 Proj. Net Income: $60,300 Year Estab: 2017 Expenses: $147,000
203 KINKADE, BOARDMAN, OR 97818
Property Tax/Yr: $2,193.98 /2019 Tax Deferral: N Terms: Cash, Conventional Bank Owned/Real Estate Owned: N
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
7
203 KINKADE, BOARDMAN, OR 97818
HOUSING VALUES FOR 5 MILE RADIUS
<$100K $100K-$200K $200K-$300K $300K-$400K $400K-$500K $500K-$1,000K $1,000K+ 0
POPULATION 2020 Total Population: 2025 Population: Pop Growth 2020-2025: Average Age:
1 Mile 2,281 2,379 4.30% 33.6
50
100
150
200
250
300
350
400
450
500
3 Mile 4,268 4,435 3.91% 33.7
5 Mile
HOUSEHOLDS
1 Mile
3 Mile
5 Mile
4,496 4,672 3.91% 33.8
2020 Total Households: 686 HH Growth 2020-2025: 4.52% Median Household Inc: $53,684 Avg Household Size: 3.40 2020 Avg HH Vehicles: 2.00
1,325 4.00% $55,912 3.30 2.00
1,395 4.09% $55,779 3.30 2.00
$$145,585 1979
$147,181 1980
HOUSING Median Home Value: $146,613 1984 Median Year Built:
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
8
203 KINKADE, BOARDMAN, OR 97818
HOUSING BY INCOME FOR 5 MILE RADIUS
$ <$25K $25K-$50K $50K-$75K $75K-$100K $100K-$125K $125K-$150K
4
$150K-200K $200K+ 00
POPULATION 2020 Total Population: 2025 Population: Pop Growth 2020-2025: Average Age:
1 Mile 2,281 2,379 4.30% 33.6
50
100
150
200
250
300
350
3 Mile 4,268 4,435 3.91% 33.7
5 Mile
HOUSEHOLDS
1 Mile
3 Mile
5 Mile
4,496 4,672 3.91% 33.8
2020 Total Households: 686 HH Growth 2020-2025: 4.52% Median Household Inc: $53,684 Avg Household Size: 3.40 2020 Avg HH Vehicles: 2.00
1,325 4.00% $55,912 3.30 2.00
1,395 4.09% $55,779 3.30 2.00
$$145,585 1979
$147,181 1980
HOUSING Median Home Value: $146,613 1984 Median Year Built:
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
9
203 KINKADE, BOARDMAN, OR 97818
EMPLOYED BY OCCUPATION FOR 5 MILE RADIUS
Apparel Entertainment & Hobbies Food & Alcohol Household Items & Expenses Transportation & Maintenance Health Care Education & Day Care 1
POPULATION 2020 Total Population: 2025 Population: Pop Growth 2020-2025: Average Age:
1 Mile 2,281 2,379 4.30% 33.6
2
3
4
5
6
7
8
9
10
11
3 Mile 4,268 4,435 3.91% 33.7
5 Mile
HOUSEHOLDS
1 Mile
3 Mile
5 Mile
4,496 4,672 3.91% 33.8
2020 Total Households: 686 HH Growth 2020-2025: 4.52% Median Household Inc: $53,684 Avg Household Size: 3.40 2020 Avg HH Vehicles: 2.00
1,325 4.00% $55,912 3.30 2.00
1,395 4.09% $55,779 3.30 2.00
$$145,585 1979
$147,181 1980
HOUSING Median Home Value: $146,613 1984 Median Year Built:
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
10
203 KINKADE, BOARDMAN, OR 97818
POPULATION GROWTH
4.5 4.4 4.3
4.1 4.0 3.9
(Thousands)
4.2
3.8 3.7 3.6 3.5 2000 Census 2010 Census 2020 Census 2025 Projection
POPULATION 2020 Total Population: 2025 Population: Pop Growth 2020-2025: Average Age:
1 Mile 2,281 2,379 4.30% 33.60
®
3 Mile 4,268 4,435 3.91% 33.70
5 Mile 4,496 4,672 3.91% 33.80
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
11
COMMUNITY OVERVIEW
203 KINKADE, BOARDMAN, OR 97818
Boardman is a city in Morrow County, Oregon, United States on the Columbia River and Interstate 84. It is part of the Pendleton–Hermiston Micropolitan Statistical Area. Boardman is currently the largest town in Morrow County, Oregon
TRAFFIC Collection Street
Cross Street
Traffic Vol Year
Distance
I- 84
Exit W
13,609 2018
3.36 mi
S Main Ave
US Hwy 730 SW
4,132 2018
4.14 mi
I- 84
Exit W
11,124 2018
4.51 mi
State Rte 14
W Crow Butte Rd W
1,471 2018
6.45 mi
State Hwy 14
Mercer Ranch Rd W
1,700 2017
6.45 mi
State Hwy 14
Stimpson Ln SW
2,300 2017
8.58 mi
State Rte 14
State Rte 221 NE
2,170 2018
8.58 mi
State Rte 221
Robinett Pr SW S
2,686 2018
8.78 mi
State Hwy 221
Robinett Pr SW S
2,300 2017
8.78 mi
State Hwy 14
Stimpson Ln SW
3,100 2017
8.85 mi
Made withTrafficMetrix® TrafficMetrix® Product Made with Products
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
12
COMPANY SUMMARY We are the only real estate brokerage in Southeastern Washington and Northeastern Oregon that shares common ownership. Serving the areas of Pasco and Walla Walla Washington as well as Milton Freewater and Hermiston Oregon.
203 KINKADE, BOARDMAN, OR 97818
John L. Scott Real Estate Hermiston is a full-service brokerage company specializing in:
RESIDENTIAL SALES
NEW CONSTRUCTION SALES
COMMERCIAL REAL ESTATE SALES
COMMERCIAL DEVELOPMENT
RESIDENTIAL DEVELOPMENT
AGRICULTURAL SALES
PROPERTY MANAGEMENT
LAND USE PLANNING
DENNIS GISI OWNER/BROKER DGISI@JOHNLSCOTT.COM 541-938-9000 - Office 509-520-0505 - Mobile
Dennis has had ties to the Pasco and Walla Walla, WA construction and real estate industry since 1993 as a founding member and owner of 3 River Properties, LLC. a real estate development firm, located in Pasco, WA since 1999. He is president of Gisi Investment Services Inc. a firm that invests in real estate and investment portfolios for the purposes of income and long-term growth potential. He has been associated with John L. Scott as a Franchise Owner since 7/2010 in the Tri Cities, WA. Milton Freewater Oregon since January 2013, Walla Walla since March, 2013 and by purchasing Universal Realty and adding it to our John L. Scott brand in October, 2018.
®
541-567-8303 www.hermistonoffice.johnlscott.com
REAL ESTATE
13
203 KINKADE, BOARDMAN, OR 97818
Contact listing agent for more information
®
REAL ESTATE John L. Scott Real Estate Hermiston 985 N 1ST ST | HERMISTON, OR 97838 541-567-8303 | www.hermistonoffice.johnlscott.com