1. Oregon
  2. Ontario
  3. 1222 SW 4th Ave
$400,000

1222 SW 4th Ave, Ontario, OR 97914

  • 2,250 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1981
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $178/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

This listing showcases a prime investment opportunity with Enterprise Rent-A Car presently leased by Enterprise, also an additional storage building with a potential for conversion into mini storages. Enterprise has signed a new five-year lease starting on January 1, 2025, demonstrating their reliability as a tenant in this high traffic area. The property enjoys excellent visibility from SW 4th Ave. The back building, with ample square footage (1200sqft), offers significant potential to generate additional income, especially after confirmation from the City of Ontario that it can be converted into mini storages. Specifically, the Enterprise Rent-A-Car location is 1050sqft and occupies a lot size of 17,994sqft. There is plenty of room for additional development. With the renewal lease and strategic location, this property has a favorable long term tenant history and is in a high traffic location, making it a solid choice for savvy investors.

Listing Status:
Active
Listing Office:
Premier Group Realty West : 208-452-5655
Listing Agent:
Rashelle Boyer : 208-739-2484
MLS ID:
98939363
  • Flooring: Concrete
  • A/C: Ductless
  • Heating: OtherDuctless

This listing courtesy of Rashelle Boyer, Premier Group Realty West

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Aiken Elementary School

1297 W Idaho Ave, Ontario, OR, 97914

Grades KG-6

0.33 miles away

O

Ontario Middle School

573 SW 2nd Ave, Ontario, OR, 97914

Grades 7-8

0.58 miles away

O

Ontario High School

1115 W Idaho Ave, Ontario, OR, 97914

Grades 9-12

0.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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