151 NE Alder Street, Toledo, OR 97391 (MLS# 26-1517)

151 NE Alder Street, Toledo, OR 97391

New Listing

$265,000

Property Type: Commercial Sale Baths: 1 Square Footage: 1,283 Lot Size (sq. ft.): 871 Status: Active

Current Price: $265,000 List Date: 6/01/2026 Last Modified: 6/02/2026

Overview

Description

Nestled among the gently rolling landscapes of Toledo, Oregon, the historic School House Museum stands as a treasured symbol of learning, community, and heritage. For the first time in decades, this beloved landmark is being offered for sale, presenting a rare opportunity to become part of its rich and storied legacy. Over the years, the building has served as a gathering place for residents, historians, artists, and visitors, fostering a strong sense of community pride and shared identity. Its evocative architecture, featuring original wood flooring, tall windows, and period details, has made it one of Toledo's most cherished landmarks. The welcoming entry opens into a spacious main hall with soaring ceilings and abundant natural light, creating an inspiring and versatile environment. Many original features have been thoughtfully preserved and restored, honoring the building's historic character while enhancing its functionality. Outside, a shared gated entrance leads to a charming br ... (Read more)

Listing Details MLS# 26-1517

Listing Information

Listing Association Name: Lincoln County BOR
Property Sub Type: Mixed Use

Status Change Information

Status Change Timestamp: 2026-06-01

Address

Street Number: 151
Street Direction Prefix: NE
Street Name: Alder
Street Suffix: Street
County: Lincoln
State: OR
Postal Code: 97391
Directions: From HW Y20 take exit to Bus US-20 towards downtown Toledo. Turn right onto NE Alder. Property will be on right - 151 NE Alder St, Toledo
Cross Street: NE 1st
Parcel Number: 11-10-17-BB-13800-00
Within City Limits?: Yes

Contract

Begin Date: 2026-06-01
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service

Tax Legal

Subdivision Name: Toledo 4th Addition
Tax Year: 2025
Zoning: C - Commercial
Tax Block: 12
Tax Book Number: 111017BB
Tax Lot: 12
Tax Map Number: 13800

Interior

Above Grade Finished Area: 451
Below Grade Finished Area: 416
Above Grade Unfinished Area: 416
Living Area: 1283
Building Area Source: Assessor
Basement YN: Yes
Fireplace YN: No
Bathrooms Total: Yes
Furnished: Unfurnished
Below Grade Unfinished Area: 0

More Information

Building

Number Of Buildings: Yes
Year Built: 1915
Year Built Source: Public Records
Year Built Effective: 2000
Stories Total: 2
Accessibility Features YN: No

Lot

Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Water Body Access YN: No
Accessory Dwelling Unit YN: No

Building and Property Details

# Of Offices: 3
Building and Property Condition: Excellant
Exterior Color: Barn Yard Red
Office Square Footage: 832
Retail Square Footage: 451
Showroom Square Footage: 451

Business Details

Equip/FF Incl Y/N: No

Additional Tax and Location Information

Additional Subdivision Info: Toledo 5th Addn
Highway 101: N/A
Property Tax ID #: R451214
Subdivision Block: 12
Subdivision Parcel/Lot: 12
Subdivision Phase/Addition: 5
Tax District: 204
Tax Remarks: Currently a non-profit status

Tax & Legal

CC&R's: No

Currently Not Used

Association YN: No

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Basement

Concrete: Yes
Exterior Entry: Yes
Finished: Yes
Full: Yes

Construction Materials

Lap Siding: Yes

Cooling

None: Yes

Fencing

Wrought Iron: Yes

Flooring

Wood: Yes

Foundation Details

Permanent: Yes
Slab: Yes

Heating

Electric: Yes
Zoned: Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Type

LCBR Lock Box: Yes

Lot Features

Sloped: Yes

Other Structures

None: Yes

Parking Features

On Street: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Roof

Composition: Yes
Metal: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

View

Water Body View: Yes

Water Body View

Partial: Yes

Water Source

Public: Yes

Window Features

Vinyl Frames: Yes

Owner Pays

All Utilities: Yes
Common Area Maintenance: Yes
Electricity: Yes
Grounds Care: Yes
Internet: Yes
Roof Maintenance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Building Features

Private Restroom(s): Yes
Showroom: Yes
Storage: Yes

Business Type

Accounting: Yes
Arts and Entertainment: Yes
Barber/Beauty: Yes
Books/Cards/Stationary: Yes
Commercial: Yes
Computer: Yes
Construction/Contractor: Yes
Decorator: Yes
Gift Shop: Yes
Hobby: Yes
Professional Service: Yes
Real Estate: Yes
Retail: Yes

Location of Property

City: Yes

Sale Includes

Building: Yes

Showing Requirements

Call Listing Agent: Yes
Lockbox: Yes

Documents

Lead Based Paint Disclosure: Yes
Plat Map: Yes
Property Disclosure: Yes

Property Features

Utilities: Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected Basement: Concrete; Exterior Entry; Finished; Full Building Features: Private Restroom(s); Showroom; Storage Business Type: Accounting; Arts and Entertainment; Barber/Beauty; Books/Cards/Stationary; Commercial; Computer; Construction/Contractor; Decorator; Gift Shop; Hobby; Professional Service; Real Estate; Retail Construction Materials: Lap Siding Cooling: None Fencing: Wrought Iron Flooring: Wood Foundation Details: Permanent; Slab Heating: Electric; Zoned Levels: Two Listing Terms: Cash; Conventional Lock Box Type: LCBR Lock Box Lot Features: Sloped Other Structures: None Owner Pays: All Utilities; Common Area Maintenance; Electricity; Grounds Care; Internet; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Parking Features: On Street Possession: Close Of Escrow Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Composition; Metal Sale Includes: Building Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Standard View: Water Body View Water Body View: Partial Water Source: Public Window Features: Vinyl Frames Showing Requirements: Call Listing Agent; Lockbox Documents: Lead Based Paint Disclosure; Plat Map; Property Disclosure

Documents

Property Profile ›

Plat Map ›

Listing Office: Windermere West Coast Properties

Office Email: newport@windermere.com

Last Updated: June - 02 - 2026

Information deemed reliable but not guaranteed.