Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    600 4Th St Gervais, OR 97026

    For Sale
    $3,500,000

    COMMERCIAL - Gervais, OR

    Property size:
    12,000 SF
    Days on Market:
    32
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 600 4Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    COM
    APN
    599287
    Size
    12,000 SF

    Utilities

    Heating system
    Ductless (Heating)
    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    2025
    Floors in Building
    3
    Building materials
    CementSiding, Concrete, LapSiding
    Roof type
    Composition

    Premiere Property Group, LLC (503) 670-9000 [email protected]

    Listing agent Patrick Ledbetter (503) 670-9000

    Listing date Nov 5, 2025

    Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Mixed-Use Building in Gervais

    This mixed-use property in downtown Gervais, Oregon, features eight new apartments and four to eight retail or business offices. The luxury apartments each offer 1,000 square feet of living space with 9-foot ceilings, kitchens, LVP flooring, granite countertops, stainless steel appliances, two bedrooms, two baths, air-conditioning, washer and dryer hookups, a balcony, and storage. The ground-level retail or office units can be configured from 2,000 square feet to 1,000 square feet or smaller, suitable for various businesses such as a hair salon, nail salon, chiropractic office, or accountant's office. The property includes a parking lot large enough to accommodate culinary food trailers or trucks. An area on the south side of the parking lot is approved for an 800-square-foot commercial building with existing plumbing for water and sewer. The property is located minutes from I-5, between Portland and Salem, in a growing community with its own schools from elementary through high school. The estimated time of completion is July. The property size is 12,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Skin Care Clinic Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gervais
    County
    Marion
    State
    Oregon
    Longitude
    -122.896998
    Latitude
    45.108851

    Nearby Similar for Sale

    • $3,500,000
      0.46 Acres

      New Mixed-Use Investment Opportunity

      New apartments and retail spaces in downtown Gervais, Oregon.
      600 4Th St, Gervais, OR 97026
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - New apartments and retail spaces in downtown Gervais, Oregon.
    Where is this mixed-use property located?
    The property is located at 600 4Th St Gervais, OR.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Brand new construction featuring 8 luxury apartments and 4 retail/office spaces in downtown Gervais, offering immediate rental income potential.; - High-end apartment features: 1,000 sqft, 9' ceilings, beautiful kitchens, LVP flooring, granite countertops, stainless steel appliances, 2 bedrooms, 2 baths, air-conditioning, washer/dryer hookup, balcony, and storage.; - Flexible retail/office spaces (up to 4 units) that can be configured from 2,000 sq-ft to 1,000 sq-ft or smaller, suitable for various business types.
    (503) 670-9000
    Request Owner's contact information
    600 4Th St Gervais, OR 97026
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    600 4Th St
    Gervais, OR 97026
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 4Th St Gervais, OR 97026
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.