Listed by Macadam Forbes
$1,399,999
20-50 Northwest 2nd Street & 140 NW Miller Ave.
Details
Property Type Retail
Sub Type Commercial
Square Footage 9,200
Year Built 1973
Year Renovated 2007
Stories 1
Lot Size (SqFt) 10,000
Zoning DCC
Investment Type Owner/User
Retail | 9,200 SqFt
Marketing description
Single story retail building with a total of 5 retail tenants on short term leases. The short term leases in place allow for an owner/user to purchase the building or an investor to take over the upcoming lease renewals. The current annual gross income is $116,160. The property benefits from the City controlled surface parking lot along with the on-street parking around the building.
Location Description
The downtown area of Gresham is very active with it's many retail and restaurant options. This property is located on NW 2nd Street just a half block west of N Main Avenue in downtown Gresham, OR.
Investment highlights
- Roof replaced in 2007
- Next to city parking lot
- Well maintained commercial building with one new HVAC installed
- Short term leases in-place
- Access and retail storefronts on the North and West side of the building
- Property taxes: $18,539.85
- Sale Price: $1,399,999
- Lot Size: 10,000 SF
- Building Size: 9,200 SF
- Zoning: DCC
- Year Built: 1973
Listing Contacts
Listed by Macadam Forbes
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