New Listing
Description
Rare historic live/work opportunity on Highway 97 in downtown Moro - 3,000-4,000 vehicles pass daily, with the Post Office and City Hall steps away. Built in 1901, this main-street visibility is rare in Sherman County. The family behind this building's extensive remodel has had a change of plans, leaving a well-updated property ready for someone with vision to finish the story. Main floor is set up as a café: Brand-new La Marzocco espresso machine & grinder, Vevor soft-serve maker, Square POS setup (all three sold separately for $14,000), commercial Copeland fridge/freezer, three-basin and single sinks, a full kitchen, café seating, back room for storage or expansion, and a full bath. The space is just as well suited to retail, offices, or a service business as it is to food and beverage. Upstairs is a private 2-bedroom residence with its own back-deck entrance, wood stove, dual-pane vinyl windows, and a full kitchen with dishwasher, electric range, and fridge - live above your business or lease it separately. The membrane roof was redone in 2018, power and plumbing have been updated, and the property is on public water and sewer. The remaining work is also where the value is. The café was remodeled to permit standards but still needs final inspection and application to open - a defined, achievable path to revenue. The back deck and a section of sewer line in the walkway need repair, both straightforward to scope. The building's minor encroachment onto the neighboring lots (west and south) is a non-issue - the neighbor is fully supportive. And while the foundation likely needs attention, Sherman County offers grant programs for restoring historic properties, which can help offset that cost. Seller financing is also available: $20,000 down, 8% interest amortized over 30 years, with a balloon payment due after 15 years. For the right buyer, this is a high-visibility, mostly-finished property with a short, fundable list of fixes standing between here and full turnkey.
Details
| MLS # | 159070546 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1901 |
| Days On Site | 1 |
| Listing Provided By | Cascade Hasson Sotheby's International Realty | Philip Mascher |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,360 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Res/Com |
| Acreage | 0.03 |
| Property View | City |
Interior
| Heating | Wood Stove, Zoned |
|---|---|
| Heating Yn | Yes |
| Cooling | None |
| Cooling Yn | No |
| Interior Features | Ceiling Fan, High Ceilings, Wood Floors |
| Window Features | Vinyl Frames, Wood Frames |
| Appliances | Dishwasher, Free Standing Range, Free Standing Refrigerator |
Exterior
| Roof | Flat, Membrane |
|---|---|
| Foundation Details | Block |
| Lot Features | Gentle Sloping, Level |
Parking
| Attached Garage Yn | No |
|---|---|
| Parking Features | Driveway, On Street |
Taxes
| Property | 221 |
|---|
Area Information
| State | OR |
|---|---|
| County | Sherman |
| City | Moro |
| Zip Code | 97039 |
| School District | Sherman |
| Elementary School | Sherman |
| High School | Sherman |
| Listing VS Median (in 97039) | |
Price: $180,000 low | high Med: $232,500 sqft: 2,360 low | high Med: 1,298 $ / sqft: $76 low | high Med: $180 On site: 1 low | high Med: 46.5 | |
Market Activity 97039
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Learn More About This Property
| State | OR |
|---|---|
| County | Sherman |
| City | Moro |
| Zip Code | 97039 |
| School District | Sherman |
| Elementary School | Sherman |
| High School | Sherman |
| Listing VS Median (in 97039) | |
Price: $180,000 low | high Med: $232,500 sqft: 2,360 low | high Med: 1,298 $ / sqft: $76 low | high Med: $180 On site: 1 low | high Med: 46.5 | |