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408 Main Ave
Tillamook, OR 97141

Retail Property For Sale

Executive Summary

100% leased to US Bank with 5 year renewal commencing June 1, 2022

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
6,568 SF
Building Class
C
Year Built
1959
Price
£1,292,445
Price Per SF
£197
Net Initial Yield
7.05%
NOI
£91,117
Tenancy
Single
Number of Floors
1
Building FAR
0.59
Lot Size
0.26 AC
Zoning
TCC - Tillamook Commercial
Parking
9 Spaces (1.37 Spaces per 1,000 SF Leased)
Frontage
169 ft on North Main Street

PROPERTY TAXES

Parcel Number R0120595 Improvements Assessment £631,630
Land Assessment £113,485 Total Assessment £745,114

PROPERTY TAXES

Parcel Number
R0120595
Land Assessment
£113,485
Improvements Assessment
£631,630
Total Assessment
£745,114
 

  • Listing ID: 24628430

  • Date on Market: 08/12/2021

  • Last Updated:

  • Address: 408 Main Ave, Tillamook, OR 97141

The Retail Property at 408 Main Ave, Tillamook, OR 97141 is currently available for sale. Contact Apex Real Estate Partners for more information.

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