Bank Building
Property Details
Property Description
THIS IS A FORMER BANK BUILDING LOCATED ON CENTRAL AVENUE (SR 19) IN DOWNTOWN UMATILLA. THE BUILDING HAS HAD SEVERAL USES SICNE THE BANK OUTGREW THE FACILITIES, MOSTLY AS OFFICE/PROFESSIONAL BUT CERTAINLY COULD BE RETAIL. OF CONSIDERABLE INTEREST IS THAT THE ORIGINAL WALK IIN BANK VAULTS ARE STILL IN THE PREMISES. THERE ARE THREE FIRE PROOF FULLY OPERABLE WALK-IN BANK VAULTS AS WELL AS A DROP BOX VAULT. THE REPLACEMENT VALUE OF THE VAULTS ALONE PROBABLY EXCEED THE ASKING PRICE OF THE REAL ESTATE AND COULD BE A VALUABLE ASSET TO THE RIGHT USER INCLUDING A JEWELER, ART OR ARTIFACT COLLECTOR OR ANYONE WHO NEEDS THE ABILITY TO SAFE KEEP A LARGE NUMBER OF ITEMS. THE BUILDING ALSO HAS A SEPARATELY ACCESSED UPSTAIRS OFFICE WHICH COULD POSSIBLY BE CONVERTED INTO AN APARTMENT. WHILE THE BUILDING IS CURRENTLY VACANT AND IDEAL FOR A USER, IT IS PRICED TO ACCOMODATE AN INVESTOR. THE BUILDING SITS VERY PROMINANTLY ON FOUR LANE CENTRAL AVENUE.