Mt. Scott Building | 20 NW 2nd St
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Mt. Scott Building 20 NW 2nd St
9,200 SF 100% Leased Retail Building Gresham, OR 97030 $1,399,999 ($152/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.
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
$1,399,999
Price Per SF
$152
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.92
Land Acres
0.23 AC
Opportunity Zone
Yes
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 Line
- Signage
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Very Bikeable (79)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R217821 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $1,013,040 |
PROPERTY TAXES
Parcel Number
R217821
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,013,040
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Mt. Scott Building | 20 NW 2nd St
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