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Mt. Scott Building 20 NW 2nd St

9,200 SF 100% Leased Retail Building Gresham, OR 97030 £1,106,013 (£120/SF)

Investment Highlights

  • Roof replaced in 2007
  • Short term leases in-place
  • Property taxes: $18,539.85
  • Well maintained commercial building
  • Access and retail storefronts on the North and West side of the building

Executive Summary

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.

Attachments

20-50 NW 2nd Street & 140 NW Miller Ave | Sale Brochure

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,200 SF
Building Class
C
Year Built
1973
Price
£1,106,013
Price Per SF
£120
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.92
Land Acres
0.23 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
DCC - Deschutes County Code
Parking
10 Spaces (1.09 Spaces per 1,000 SF Leased)
Frontage
101 ft on Northwest 2nd Street

Amenities

  • Bus Route
  • Signage

Links

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Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

U.S. Bank
Bank of America
Wells Fargo Home Mortgage
Snap Fitness 24/7
Elmer's
Starbucks
Safeway
Dotty's
Orangetheory Fitness
Red Robin

PROPERTY TAXES

Parcel Number R217821 Improvements Assessment £0
Land Assessment £0 Total Assessment £800,312

PROPERTY TAXES

Parcel Number
R217821
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£800,312
(503) 227-2500

  • Listing ID: 28999399

  • Date on Market: 14/07/2023

  • Last Updated:

  • Address: 20 NW 2nd St, Gresham, OR 97030

The Retail Property at 20 NW 2nd St, Gresham, OR 97030 is currently available For Sale. Contact Macadam Forbes, Inc. for more information.

Nearby Listings

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20 NW 2nd St, Gresham, OR for sale Building Photo- Image 1 of 10
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20 NW 2nd St, Gresham, OR for sale Building Photo- Image 2 of 10
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20 NW 2nd St, Gresham, OR for sale Interior Photo- Image 3 of 10
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20 NW 2nd St, Gresham, OR for sale Interior Photo- Image 4 of 10
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20 NW 2nd St, Gresham, OR for sale Interior Photo- Image 5 of 10
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20 NW 2nd St, Gresham, OR for sale Interior Photo- Image 6 of 10
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20 NW 2nd St, Gresham, OR for sale Interior Photo- Image 7 of 10
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20 NW 2nd St, Gresham, OR for sale Interior Photo- Image 8 of 10
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20 NW 2nd St, Gresham, OR for sale Interior Photo- Image 9 of 10
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© 2024 CoStar Group

Mt. Scott Building | 20 NW 2nd St
(503) 227-2500 x

Mt. Scott Building | 20 NW 2nd St

Joe Kappler

(503) 227-2500

(503) 227-2500

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