This .23-acre property in downtown Vale, Oregon offers a great investment opportunity with three income-generating buildings. The commercial zoning allows for both business use and residential development, giving you the flexibility to either maintain the current rentals or explore new residential options. Located in the heart of town, it’s close to shops, restaurants, and other amenities, making it an ideal spot for various ventures. Whether you want to keep the existing setup or take advantage of the mixed-use potential, this property offers plenty of growth opportunities.
The median home value in Vale, OR is $262,900. This is higher than the county median home value of $257,700. The national median home value is $338,100. The average price of homes sold in Vale, OR is $262,900. Approximately 45.64% of Vale homes are owned, compared to 38.21% rented, while 16.15% are vacant. Vale 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 Vale real estate agent to arrange a tour today!
Vale, Oregon has a population of 2,151. Vale is less family-centric than the surrounding county with 25.87% of the households containing married families with children. The county average for households married with children is 29.5%.
The median household income in Vale, Oregon is $38,281. The median household income for the surrounding county is $47,906 compared to the national median of $69,021. The median age of people living in Vale is 28.7 years.
The average high temperature in July is 92.7 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 10.2 inches per year, with 11.8 inches of snow per year.