1863 Main Ave N | Tillamook, OR 97141
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1863 Main Ave N
Tillamook, OR 97141
Retail Property For Sale
Investment Highlights
- Fully occupied two-tenant offering by a Subway drive-thru and Maria's Taqueria.
- Recent 5-year extension by Subway with a pending remodel and expansion of their premises, to be solely funded by Tenant.
- Brand new 5 year lease for Maria's Taqueria, a local restaurant operator in which this is their second location.
- Subway operator is a successful, multi-unit franchisee with multiple locations along the Oregon Coast.
- Handful of recent capital improvements invested by Seller, including new HVAC, building expansion, and roof repair in 2015.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,600 SF
Year Built
1995
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
0.41 AC
Zoning
C-H
PROPERTY TAXES
| Parcel Number | R0406047 | Improvements Assessment | $343,310 |
| Land Assessment | $172,560 | Total Assessment | $515,870 |
PROPERTY TAXES
Parcel Number
R0406047
Land Assessment
$172,560
Improvements Assessment
$343,310
Total Assessment
$515,870
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