18400 Division St Gresham, OR 97030

This exceptional investment opportunity in Gresham, Oregon, presents three buildings totaling 3,628 square feet situated on a substantial 58,478-square-foot lot. The property comprises two commercial buildings, built in 1960, currently generating approximately $90,000 in annual income (plus NNN) from existing leases, and a single-family residence constructed in 1954. All three structures are located on three adjacent tax lots (APN: R 3 3 8 5 4 3, R 3 3 8 6 0 5, R 3 3 8 5 5 6) and are zoned Moderate Commercial (MC), offering significant development potential. The commercial buildings sit on a paved 9,458-square-foot lot, while the single-family home occupies approximately 27,294 square feet. The property also includes a pylon sign contributing to the overall income stream. The combined 2023 property taxes for all three parcels totaled $8,619.54. This property is ideal for owner-users seeking to expand their business or developers looking to capitalize on the prime location and zoning. The large lot size and existing income stream make this a compelling investment opportunity in a thriving Gresham market. The asking price for this unique property is $1,198,000.