Bunn Bldg | 408 E 1st St
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Bunn Bldg 408 E 1st St
2,500 SF 100% Leased Retail Building Newberg, OR 97132 £681,275 (£273/SF) 8.31% Net Initial Yield
Investment Highlights
- Rare Downtown Newberg Offering
- Mixed use - Retail & 2nd Floor Apartment
Executive Summary
DO NOT Disturb Tenant (Barley & Vine) B&V is ground floor tenant. 2nd Floor Apartment is rented. Please Contact Broker for Financials and details regarding same.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,500 SF
Building Class
C
Year Built
1950
Price
£681,275
Price Per SF
£273
Net Initial Yield
8.31%
NOI
£56,608
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
10 ft
Building FAR
0.96
Lot Size
0.06 AC
Zoning
C3-Downtown Commercial
Frontage
62 ft on 1st St
Amenities
- Restaurant
- Signage
Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 49842 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £157,455 |
PROPERTY TAXES
Parcel Number
49842
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£157,455
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Bunn Bldg | 408 E 1st St
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