Presenting a unique opportunity for a special purpose investor, this property at 240 NW Washington St, Sheridan, OR, 97378, offers a 3,552 SF building with potential for various uses. Property is vacant, contact listing office for questions or to schedule a tour.
The City of Sheridan is undergoing a transformation as a community at long last, emerging from a timber town nestled against the foothills of Oregon’s coastal mountain range. Significant employers include the FCI (Federal Corrections Institution), Forest River, Sheridan School District, and PGE (substation). Economic openings on the horizon include the Virginia Garcia Clinic and further growth of Spirit Mountain Casino. With the election of a new Mayor, there’s excitement in the community surrounding partnerships for non-motorized boating to stimulate tourism along the banks of the Yamhill River.
240 NW Washington, currently a Masonic lodge, offers a peaceful setting for buyers to further the building’s use as a spiritual center (church, etc.). With ample plumbing and healthy mechanical systems in place, there’s also a strong case to be made for converting the property into a multifamily (2+ unit) property.
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