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1222 SW 4th Ave

Ontario, OR 97914
  • $400,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 98939363
$400,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,250
    SQFT
  • $178
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Intermountain MLS logoCourtesy of Premier Group Realty West.

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.

Directions: From I84, West on Idaho Ave. North on SW 2nd Street, West on SW 4th Ave. to address.

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Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-04-25T00:10:21.71.
www.michaelryanrealestate.com/homes/161507976
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1222 SW 4th Ave Ontario, OR 97914

  • Price: $400,000
  • Status: Active
  • On Site: 38 Days
  • MLS #: 98939363
0
Beds
0
Baths
0
½ Baths
0.41
Acres
2,250
SQFT
$178
$/SQFT
1981
Built
Neighborhood:
Ontario - 1600
County:
Malheur
Area:
Ontario - 1600
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.

Directions: From I84, West on Idaho Ave. North on SW 2nd Street, West on SW 4th Ave. to address.
Exterior Features

Construction Materials BrickFrameMetal Siding Exterior Features Paved Outside Area Fencing None Lot Features 10000 SF - .49 Acre Parking Features 11 - 20 Spaces Roof FlatMetal

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 2250 Cooling Ductless Cooling YN Yes Door Features #Drive In/Grade-Lvl Doors: 1 Flooring Concrete Heating OtherDuctless Heating YN Yes

Property Features

Business Type Commercial Electric 110 Volt Land Lease YN No Lease Term 60 Listing Terms CashConventionalOwner Will Carry Possible Use Land Suitable(OfficeOtherRetailRetail Pad)Industrial Suitable(Office ShowroomSelf/Mini Storage Fac.)Office Suitable(Office Building)Retail Suitable(Free Standing BuildingOtherRetail PadStreet Retail) Road Surface Type Paved Tax Legal Description See exhibit A under the docs tab. Utilities Sewer ConnectedNatural Gas Available Water Source City Service Zoning Description O-C2 Ontario General Com

Intermountain MLS logoCourtesy of Premier Group Realty West: 208-452-5655.


Intermountain MLS logo© 2025 Intermountain Multiple Listing Service, Inc. (IMLS). Real estate listings held by brokerage firms other than Michael Ryan Real Estate are marked with the IMLS IDX logo and information about them includes the name of the listing brokerage. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Data last updated 2025-04-25T00:10:21.71.
 
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Intermountain MLS logoCourtesy of Premier Group Realty West.