Here is an investment offering a strong financial opportunity. 12% CAP RATE- ROI Room to grow $$ Setting on 1.19 acres the commercial building space is over 8,600 sq ft. This includes the bountiful income-producing Backroads Pub and Grub with spacious customer seating and a strong Lottery revenue gaming area. In addition, there is rental income from a barbershop, an Artist space, and an Imaging business in a space with over 3,300 sq ft approx. This won't last long. Please DO NOT DISTURB EMPLOYEES.
The median home value in Boring, OR is $550,000. This is lower than the county median home value of $555,800. The national median home value is $338,100. The average price of homes sold in Boring, OR is $550,000. Approximately 78.78% of Boring homes are owned, compared to 18.39% rented, while 2.83% are vacant. Boring real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Boring real estate agent to arrange a tour today!
Boring, Oregon has a population of 1,999. Boring is more family-centric than the surrounding county with 34.93% of the households containing married families with children. The county average for households married with children is 33.61%.
The median household income in Boring, Oregon is $87,202. The median household income for the surrounding county is $88,517 compared to the national median of $69,021. The median age of people living in Boring is 44.4 years.
The average high temperature in July is 79.8 degrees, with an average low temperature in January of 34.8 degrees. The average rainfall is approximately 53 inches per year, with 14.3 inches of snow per year.