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$600,000 Just Listed
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Property Description
Great opportunity for Commercial investment located across from Chipotle, grocery outlet, planet fitness, Hermiston Theater, Good Will, Hapo Credit Union. Close to Home Depot, Ace Hardware, STCU Bank, Old west Bank and many other businesses. Property has 3 older homes (120,150,220) and 4 unimproved lots that total over 1.87 AC, Seller will consider carrying contract on purchase of all 7 properties with a large down, Seller will consider selling each property separately, home 120 is a 3 bed 1 bath, 1230 sq ft gas, electric, well, public sewer, some updates, home 150 home is 3 bedroom 1 bath 1200 sq ft, septic, well, gas ,electric home is not represented with any value , Home 220 is a 1 bedroom 1 bath, 548 sq ft, septic, city water, electric has some updates, homes have long time renters, keep the renters and developed the properties when ready on lot at a time
Full Property Details
Full Property Details for 120 W Theater Ln
General
- Price: $600,000
- Taxes: $2,824 (2024)
- Status: Active
- Type: Commercial
- Source: RWMLS
- MLS ID: 335082716
- Updated: 4/17/2026
- Added to Site: 3 day(s) ago
Parking
- Parking Features: On Site
Location
- County: Umatilla
- Driving Directions: 1/2 Block West of Hwy 395 on north side of West Theater Lane
Community
- Community Name: 431 - Umatilla Co: Hermiston
Heating & Cooling
- Heating Type: Other
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer, Septic Tank
- Water: Other
Structural Information
- # Buildings: 3
- Property Detached: Yes
- Stories/Levels: 1
- Square Feet: 77,101
- Current Bldg. Use: Other
- Year Built: 1950
- Property Condition: Build to Suit
Lot Features
- Lot Size (Acres): 1.87
- Lot Size (Sq. Ft.): 81,457
- Lot Size: 1 to 2.99 Acres
- Frontage: Paved
Financial Considerations
- Tax Amount: $2,824.67
- Tax Year: 2024
- Terms: Cash, Contract
Disclosures and Reports
- Documents Avail.: Rent Records, Tax Information
- Legal Description: 4N2803AD05200, 4N2803AD04900, 4N2803AD05100, 4N2803AD04800, 4N2830AD053004N2803AD05000, 4N2803AD05400
- Property ID: 119146
Listed by Keller Williams PDX Central (503) 548-4848, Marsha Henkel (541) 571-9757
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Schools
Schools serving 120 W Theater Ln
School District:Hermiston School District 8
| Name | Grades | Distance |
|---|---|---|
Rocky Heights Elementary School 650 West Standard Avenue, Hermiston, OR 97838 | K-5 | 0.9 mi |
Armand Larive Middle School 1497 Southwest 9th Street, Hermiston, OR 97838 | 6-8 | 2.2 mi |
Hermiston High School 600 South 1st Street, Hermiston, OR 97838 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 W Theater Ln
Date
Details
Price
Change
Source
4/16/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 120 W Theater Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,825
—
$135,150
3%
2023
$2,827
6%
$131,220
3%
2022
$2,664
1%
$127,400
3%
2021
$2,640
12%
$123,690
3%
2020
$2,352
5%
$120,090
6%
2018
$2,250
4%
$113,210
3%
2017
$2,172
9%
$109,920
8%
2016
$1,992
—
$101,900
12%
2016
$1,992
—
$90,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 W Theater Ln
120 W Theater Ln, Hermiston, OR 97838 (MLS# 335082716) is a Commercial property. 120 W Theater Ln is currently listed for $600,000 and was received on April 16, 2026. Want to learn more about 120 W Theater Ln? Do you have questions about finding other Commercial real estate for sale in Hermiston? You can browse all Hermiston real estate or contact a Coldwell Banker agent to request more information.

