For sale
  • $1,950,000

    1055 S Highway 395, Hermiston, OR 97838

    --beds
    0baths
    --sqft
    : 
    Other
    Built in ----
    1.34 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Leased multi-tenant investment property now available for sale. Cornerstone Court has a long-standing history of diverse, quality tenants. The property is situated on 1.34 acres with prime frontage along Hermiston's Hwy 395 commercial corridor. The building has been well maintained and is in excellent condition with recent updates to the HVAC (2023), Roof (2024) and Exterior Paint (2025). This property offers a variety of suite sizes and layouts and provides a reliable income stream with future rent escalations. OFFERING SUMMARY: Building Size: 16,880 SF Lot Size: 1.34 Acres Price/SF: $115.52 Cap Rate: 6.68% NOI: $130,233 Year Built: 1998 Zoning: C-2 Outlying Commercial Market: Umatilla County APN: 1802 PROPERTY HIGHLIGHTS: Excellent Location with High Visibility HWY 395 Frontage with 14,000+ ADT Diverse, Quality Tenant Mix Pylon Signage with Digital Reader board
    24 days
    |
    251
    |
    5
    |
    • Loading
    • Loading