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    FOR SALE
    Commercial real estate

    103 SW 1St Ave, Canby, OR 97013

    0.33 ac lot Built 1921
    Trust Owned 11-yr Hold Free & Clear
    Property ID
    US71-0011197
    103 SW 1St Ave, Canby, OR 97013 For Sale
    $910,000
    103 SW 1St Ave, Canby, OR 97013
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    Property summary
    AI-generated overview

    This exceptional Canby, Oregon industrial property, located at 103 SW 1st Ave, presents a compelling investment opportunity. Boasting 9,422 square feet, this C2 zoned building offers 7,342 square feet of warehouse space and 2,040 square feet of office space. Additional space includes a 500 square foot mezzanine and a 1,093 square foot unfinished basement, not included in the gross building area. The property sits on a sizable 14,340 square foot rectangular lot (100' x 143.4'), providing ample space. Benefit from excellent visibility on Pacific Highway E, experiencing high daily traffic volume of 21,252 vehicles. The C2 zoning allows for a variety of uses, including automobile service and repair, equipment sales, and tire shops. Convenient features include a rear parking lot, three grade-level doors, and a construction type of non-reinforced CMU block and wood frame. The building features glu-lam beams supporting an open truss ceiling and a flat membrane roof with a parapet. Heating is provided by gas pack units and radiant heat in both the warehouse and office areas

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1921
    Lot 0.33 ac (14,531 SF)
    Zoning code C2
    APN 31E33CD08200
    UPID US71-0011197
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cowger,stephen E Trust · 11 yrs held
    Cowger,stephen E Trust
    since 2014
    3 recorded transactions
    2014
    2004
    $117,500
    1989
    $117,500
    Zoning & alternative use
    C2 · Canby, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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