20 NW 2nd St Gresham, OR 97030
Call to check price and availability
Single-story retail building with investment or owner-user potential.
Type:Retail, Office
Property size:
9,200 SF- Added:
- Apr 3, 2024
- Days on Market:
- 747
- Last Refresh:
- Mar 17 at 1:22 pm
Property Features for 20 NW 2nd St
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1973
Listing agent Joe Kappler License #OR 200605069
Listing office Macadam Forbes (503) 972-7294
Listing date Apr 3, 2024
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes
Overview
Retail Building with Short-Term Leases
This single-story retail building accommodates a total of 5 retail tenants under short-term leases. The existing short-term leases present an opportunity for either an owner-user to acquire the building or for an investor to manage the upcoming lease renewals. The property currently generates an annual gross income of $116,160. The building benefits from a City-controlled surface parking lot, complemented by on-street parking available around the building. The roof was replaced in 2007. The property is a well-maintained commercial building. Access and retail storefronts are located on the North and West sides of the building. The property taxes are $18,539.85. The property size is 9,200 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Gresham
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.431
- Latitude
- 45.5092
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Single-story retail building with investment or owner-user potential.
Where is this retail space located?
The property is located at 20 NW 2nd St Gresham, OR.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Opportunity for owner/user to occupy the building due to short‑term leases.; Potential for investors to take over lease renewals and increase income.; Current annual gross income of $116,160.
