Merrill OR Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
3,100
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Baths:
MLS#:
220192677

ADDITIONAL INFORMATION

This property is unique and has the potential to be an income producer! With several events and landmarks near Merrill: The annual Potato Festival, the wildlife refuge on stateline rd, Tulelake Fair, Lava beds, captain jacks stronghold, Nearby Japanese internment camp museum, and waterfowl & duck hunting. If the hotel was updated and in working order, it could service the hunters and those traveling through during the busy seasons to experience these events. Upstairs has 8 rooms, and 1 bathroom. Downstairs has a living area/bedroom, storage, laundry room, bathroom and kitchen. There is a detached garage/shop and a nice sized side and back yard. Several of the rooms upstairs are down to the studs, so while there is added work, this also may provide an opportunity to change the room sizes a little easier because the majority of the demolition has already been completed. This property is only a block or so off of the main road through Merrill, and is waiting for a new owner to restore.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
2021
Baths:
MLS#:
220168686

ADDITIONAL INFORMATION

BUSINESS OPPORTUNITY! This recently built storage site currently features 22 storage units. The 16 larger units rent currently at $80 a month, and the 6 smaller units rent currently at rate of $50 a month. There is a 3-space covered parking area as well in which each space is currently rented for $50 a month.

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862
The content relating to real estate for sale on this website comes in part from the MLS of Central Oregon. Real estate listings held by Brokerages other than Xome Inc. are marked with the Reciprocity/IDX logo, and detailed information about these properties includes the name of the listing Brokerage. © MLS of Central Oregon (MLSCO).



Merrill Real Estate

The median home value in Merrill, OR is $167,500. This is lower than the county median home value of $272,800. The national median home value is $338,100. The average price of homes sold in Merrill, OR is $167,500. Approximately 57.61% of Merrill homes are owned, compared to 30.74% rented, while 11.65% are vacant. Merrill 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 Merrill real estate agent to arrange a tour today!

Merrill, Oregon has a population of 749. Merrill is more family-centric than the surrounding county with 40.11% of the households containing married families with children. The county average for households married with children is 26.21%.

The median household income in Merrill, Oregon is $48,438. The median household income for the surrounding county is $50,790 compared to the national median of $69,021. The median age of people living in Merrill is 36.4 years.

Merrill Weather

The average high temperature in July is 86 degrees, with an average low temperature in January of 21.7 degrees. The average rainfall is approximately 13.5 inches per year, with 36 inches of snow per year.

Merrill Real Estate Market Conditions

  • Median sales price

    $167,500
    16% change since last quarter
  • # Active listings

    11
    30-day change

Merrill Schools and Demographics

Education near Merrill, OR

Metric City County
High School Graduates 75.95 88.37
College Degree - 2 year 9.15 9.66
College Degree - 4 year 9.54 21.13
Graduate Degree 2.98 5.62
Expenditures per Student 14,394 14,394
Students per Teacher 18.7 18.7

Elementary Schools near Merrill, OR

School Grades Students P/T Ratio ZIP
Ferguson Elementary School KG - 06 455 21.1 97603
Henley Elementary School KG - 06 429 24.6 97603
Malin Elementary School KG - 06 134 17.6 97632
Merrill Elementary School PK - 06 146 18.7 97633
Peterson Elementary School KG - 06 579 23 97603
Shasta Elementary School KG - 06 547 21.8 97603
Stearns Elementary School KG - 06 345 19.3 97603

Middle Schools near Merrill, OR

School Grades Students P/T Ratio ZIP
Brixner Junior High School 07 - 08 366 20.2 97603
Henley Middle School 07 - 08 356 21.6 97603

High Schools near Merrill, OR

School Grades Students P/T Ratio ZIP
Falcon Heights Academy 07 - 12 87 44.9 97603
Henley High School 09 - 12 672 24 97603
Lost River High School 07 - 12 222 15.8 97633
Mazama High School 09 - 12 733 22.2 97603

Demographics near Merrill, OR

Metric City County
Neighborhood Type Small town
Population 749 68,899
Population Density 1,632 12
Median Age 36.4 41.4
People per Household 2.7 2.4
Median Household Income 48,438 50,790
Average Income per Capita 20,579 27,701