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


$265,000
151 NE Alder Street
Toledo, OR 97391
MLS# 26-1517
1 baths  |  1283 sqft


Front pourch
  1 / 27  
Front pourch DJI_20260528135812_0027_D-RMLS DJI_20260528140028_0032_D-Edit-RMLS Skyview Western skyview front porch entry Main level entry way Front door Half bath Downstairs entery upstairs room upstairs room Lower level Lower level Lower level overhead aireal DJI_20260528135938_0030_D-Edit-RMLS DJI_20260528140105_0033_D-Edit-RMLS Back patio Back patio Back patio Back entrance & patio shared patio space Back arial view DJI_20260528140236_0035_D-Edit-RMLS DJI_20260528140500_0036_D-Edit-RMLS DJI_20260528135736_0026_D-RMLS

Property 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, educational 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.

Details
Maps
Documents
Status Change Information
Status Change Timestamp: 2026-06-01
Address
Within City Limits?: Yes
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
Tax & Legal
CC&R's: No
Currently Not Used
Association YN: No
Interior
Above Grade Unfinished Area: 416
Below Grade Unfinished Area: 0
Basement YN: Yes
Fireplace YN: No
Furnished: Unfurnished
Above Grade Finished Area: 451
Below Grade Finished Area: 416
Living Area: 1283
Building Area Source: Assessor
Bathrooms Total: 1
Building
Year Built Source: Public Records
Accessibility Features YN: No
Number Of Buildings: 1
Year Built: 1915
Year Built Effective: 2000
Stories Total: 2
Lot
Water Body Access YN: No
Accessory Dwelling Unit YN: No
Lot Size Acres: 0.02
Lot Size Square Feet: 871.2
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Basement
Concrete: 1
Exterior Entry: 1
Finished: 1
Full: 1
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
Construction Materials
Lap Siding: 1
Cooling
None: 1
Fencing
Wrought Iron: 1
Flooring
Wood: 1
Foundation Details
Permanent: 1
Slab: 1
Heating
Electric: 1
Zoned: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Lock Box Type
LCBR Lock Box: 1
Lot Features
Sloped: 1
Other Structures
None: 1
Parking Features
On Street: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Road Surface Type
Paved: 1
Roof
Composition: 1
Metal: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Standard: 1
View
Water Body View: 1
Water Body View
Partial: 1
Water Source
Public: 1
Window Features
Vinyl Frames: 1
Owner Pays
All Utilities: 1
Common Area Maintenance: 1
Electricity: 1
Grounds Care: 1
Internet: 1
Roof Maintenance: 1
Sewer: 1
Taxes: 1
Trash Collection: 1
Water: 1
Building Features
Private Restroom(s): 1
Showroom: 1
Storage: 1
Business Details
Equip/FF Incl Y/N: No
Business Type
Accounting: 1
Arts and Entertainment: 1
Barber/Beauty: 1
Books/Cards/Stationary: 1
Commercial: 1
Computer: 1
Construction/Contractor: 1
Decorator: 1
Gift Shop: 1
Hobby: 1
Professional Service: 1
Real Estate: 1
Retail: 1
Location of Property
City: 1
Sale Includes
Building: 1
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
Showing Requirements
Call Listing Agent: 1
Lockbox: 1
Documents
Lead Based Paint Disclosure: 1
Plat Map: 1
Property Disclosure: 1
Listing Information
Listing Association Name: Lincoln County BOR
Property Sub Type: Mixed Use
Contract
Current Price: $265,000
Status: Active
Begin Date: 2026-06-01
List Price: $265,000
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
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

Listing Office: Windermere West Coast Properties
Source MLS Verified

Office Email: newport@windermere.com

Last Updated: June - 03 - 2026

Information deemed reliable but not guaranteed.