Mt. Angel Development Opportunity

Highlights:

• Income stream in place
• 3 month +/- process for zone change (per city)
• Beautiful setting

Description:

The subject property is known as the St. Joseph Shelter and consists of six (6) buildings on close to 8 acres. Bernard Hall, a residential dormitory-style building, is vacant and is not habitable. The remaining buildings include Marmion Hall - a 1960-constructed dormitory,

Casa Adele - is 8 (2 bedroom, 1 bath) units renovated apartment building, and three (3) metal storage buildings that support the property.

Catholic Community Services owns/operates the property which serves several public needs from the local food bank to providing seasonal migrant housing opportunities. A new owner who could continue these uses would be wonderful but it is believed that the highest and best use for the property is for residential rental housing which the city has identified as the #1 need.

The subject property is located in a rural/residential area of Mt. Angel, Oregon just a few blocks from the city core and across the street from the Benedictine Sisters of Mt. Angel. The property is currently zoned "Public" but the City of Mt. Angel has identified residential rental housing as the top need in the community.



The site is made up of 6 building identified as St. Joseph Shelter, a transitional housing complex. The main buildings (3) are constructed in dormitory style and are fully self-contained buildings with services for showers, dining, and laundry facilities as well meeting rooms and areas. The 3 other buildings are storage and warehouse buildings to support the grounds and the other buildings. The buildings were constructed in 1960, according to Marion County Assessor’s records. The building identified as Casa Adele was originally constructed in 1960 and underwent a major renovation in 2013.

Documents: