About This Home

This 0-bedroom, 1-bathroom commercial at 151 NE Alder Street in Toledo, OR is listed for $265,000 ($207 per sqft). Built in 1915, the home offers 1,283 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1915
  • 0.02 acre lot
  • 2 stories

Property Details

2 stories
1 full
1915
Listing 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 brick patio, offering ample space for entertaining, gatherings, or outdoor events. Located in the heart of Toledo's vibrant Toledo Arts District, this unique property offers exceptional potential for a variety of uses, including a community center, art gallery, studio, boutique business, educatio

nal facility, creative workspace, or even a distinctive private residence (subject to applicable approvals). This is a rare opportunity to own a piece of Toledo history and write the next chapter for this remarkable property.

Monthly Cost Estimate

$1,417/mo

20% down · 6.5% · 30 years

Principal$192
Interest$1,148
Insurance$77

Estimates only. Actual payments may vary.

Location

151 NE Alder Street

Toledo, OR 97391

Toledo 4th Addition

Property Details

Flooring

Wood

Construction

Lap Siding

Parking

On Street

Heating

Electric (Heating)Zoned

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 151 NE Alder Street is listed at $265,000 ($207/sqft). The estimated monthly payment is $1,417 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1915, 0.02 acre lot, 2 stories.

This property is listed by Deanna Christine Watkins.

DW

Deanna Christine Watkins

License 200804085

Agent at Windermere West Coast Properties

Listed by Windermere West Coast Properties · Broker phone: 5412655455

MLS# 26-1517· Source: Oregon Coast MLS· 150 days on PropertySimple

Copyright © 2026 Oregon Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

151 NE Alder Street, Toledo, OR 97391

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