1005 1ST ST, Moro, OR 97039
- $180,000
- 2
- BD
- 2
- BA
- 2,360
- SqFt
- List Price
- $180,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 159070546
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 2,360
- Lot Size
- 0K to 2, 999 SqFt
- Region
- Sherman County
Property 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.
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Additional Information
- Tax Amount
- $221
- Year Built
- 1901
- High School
- Sherman
- Elementary School
- Sherman
- Middle School
- Sherman
- Acres
- 0.03
- Living Area
- 2,360
- Stories
- 2
- Property Type
- Single Family Residence
- Terms
- Cash, Owner Will Carry
- Master Bedroom Level
- Upper
- Cooling Description
- None
- Fuel Description
- Electricity
- Heating Description
- Wood Stove, Zoned
- Hot Water Description
- Electricity, Tank
- Exterior Description
- Cement Siding, Stucco
- Roof Type
- Flat, Membrane
- Sewer Description
- Public Sewer
- Style
- 2 Story, Live Work Unit
- View
- City
- Parking
- Driveway, On Street
- Parking Description
- Driveway, On Street
- Road Surface
- Paved
- Interior Features
- Ceiling Fan(s), High Ceilings, Wood Floors
- Kitchen Appliances
- Dishwasher, Free-Standing Range, Free-Standing Refrigerator
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Listing courtesy of Cascade Hasson Sotheby's International Realty.
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