1005 Main Ave Gresham, OR 97030
- Retail properties
- 4,320 SF
Current Use by Public Records
- Retail properties
Property Details for 1005 Main Ave
- Property size
- 4,320 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This stunning, fully renovated 1926 building presents a rare opportunity in the heart of downtown Gresham, Oregon. Boasting 4,320 square feet of mixed-use space, encompassing both office and retail areas, this property offers exceptional income potential. The building underwent a complete overhaul in 2023, including a new roof, electrical system, HVAC, and a comprehensive interior upgrade. The substantial 15,000 square foot lot provides ample space, complemented by 24 onsite parking spaces and convenient drive-thru access from both Division and North Main Avenue. Currently generating a monthly rental income of $7,500, this property offers a strong return on investment. The asking price is $1,100,000, translating to $254.63 per square foot. The building is ADA compliant, ensuring accessibility for all tenants and visitors. This meticulously maintained property is a turnkey investment, ready for immediate occupancy and continued income generation. Its prime location in downtown Gresham offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-performing mixed-use asset in a thriving Oregon market. The property's blend of modern amenities and historic charm creates a unique and desirable space for tenants. This is a truly exceptional opportunity to acquire a profitable and well-maintained commercial property in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gresham
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.431
- Latitude
- 45.5046
