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Financial
Distress signals
Property profile

129 N Main St Gresham, OR 97030

FOR SALE
Turn key restaurants
Property ID
US71-0598642
6,750 SF 0.15 ac lot Built 1916
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
129 N Main St, Gresham, OR 97030 For Sale 1 / 26
$1,790,000 6,750 SF
129 N Main St, Gresham, OR 97030
View Listing

Property summary

AI-generated overview

Located at 129 N Main Ave in downtown Gresham, this commercial land parcel includes two tax lots with existing improvements. One lot contains a 6,750-square-foot building on a 6,750-square-foot lot, and the second lot includes a separate 5,000-square-foot parking lot. The building dates to 1916. The property is zoned DCC (Downtown Commercial Core), which is intended to support higher-density mixed-use development, potentially including office, retail, and multifamily residential uses. Main…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$589k
Effective rate1.88%

Value estimate

· Oct 2026
$405k
$365k – $446k
Submarket $/SF estimate$1.47M
NOI build-up
Gross scheduled income$130k
Vacancy & credit loss−$10k
Operating expenses−$45k
NOI · 4.16% cap applied$75k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$358/SF
County average, outlier-cleaned · 95 recorded sales of this use type
Observed band · Q1–Q3$218 – $500

Cap rate analysis

How does the asset earn?
4.16%
$75k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CUC
JurisdictionMULTNOMAH

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.5
Catering Service8.1
Storage Facility7.3

Location

129 N Main St Gresham, OR 97030
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
40 2nd, Gresham, OR 97030-7502 $1,100,000 Mar 2025 7,200 SF
55 1st, Gresham, OR 97030-7213 $962,000 Jun 2024 5,581 SF
1111 Powell, Gresham, OR 97030-8031 $1,045,000 Sep 2022 8,370 SF
21940 Stark, Gresham, OR 97030-2034 $1,400,000 Sep 2022 8,794 SF
513 Powell, Gresham, OR 97030 $1,000,000 Aug 2022 5,074 SF
1111 Cleveland, Gresham, OR 97030-5769 $1,360,000 Jul 2021 7,900 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $960,000
    5,581 SF
    55 1st St, Unit 75
    RETAIL STORES (PERSONAL SERVICES)
    55 1st St, Gresham, OR 97030-7213
    View Details
  • Value Estimation
    $975,000
    5,500 SF
    200 Division St, Unit 240
    RETAIL STORES (PERSONAL SERVICES)
    200 Division St, Gresham, OR 97030-5522
    View Details
  • Value Estimation
    $2,120,000
    10,356 SF
    631 Division St, Unit 697
    RETAIL STORES (PERSONAL SERVICES)
    631 Division St, Gresham, OR 97030-5424
    View Details
  • Value Estimation
    $1,320,000
    4,399 SF
    18415 Division St
    RESTAURANT
    18415 Division St, Gresham, OR 97030-5136
    View Details
  • Value Estimation
    $1,710,000
    3,420 SF
    1678 Burnside Rd
    RESTAURANT
    1678 Burnside Rd, Gresham, OR 97030-5733
    View Details
  • Value Estimation
    $2,055,000
    18,605 SF
    124 3rd St, Unit 138
    RETAIL STORES (PERSONAL SERVICES)
    124 3rd St, Gresham, OR 97030-7439
    View Details

Similar Nearby for Sale

  • New
    $1,100,000
    5,728 SF
    Prime Corner Location in Gresham
    Fully renovated corner property with flexible use and ample parking.
    1005 N MAIN, Gresham, OR 97030
    View Details
  • New
    $1,750,000
    5,000 SF
    Mixed-Use Property Development Bundle
    Three commercial buildings, a residential house, and an empty parking lot on three tax lots totaling 1.38 acres.
    18400 SE Division Street, Gresham, OR 97030
    View Details
  • New
    Contact for pricing
    3,700 SF
    Burger King Retail Storefront
    Single-tenant Burger King space in a hard-corner location within Gresham Town Fair, visible to 25,914 VPD.
    990 NW Eastman Pkwy, Gresham, OR 97030
    View Details
  • Contact for pricing
    14,460 SF
    Five-Tenant Shopping Center
    Fully occupied retail center with restaurant, service, and government tenancy.
    800-850 NW Eastman Pkwy, Gresham, OR 97030
    View Details
  • $1,500,000
    15,106 SF
    Historic Mixed-Use Building
    DCC-zoned property accommodates retail, service, office, and residential concepts within a historic downtown building.
    202 N MAIN Ave, Gresham, OR 97030
    View Details
  • New
    $1,500,000
    15,106 SF
    Historic Mixed-Use Property
    Downtown building suited to storefront retail, office, and upper-story residential uses.
    202 N MAIN, Gresham, OR 97030
    View Details

Similar Nearby for Lease

  • $34 SF/Yr
    Freestanding Retail Space Available
    Prime retail space with high traffic and excellent signage.
    345 NW Burnside Rd, Gresham, OR 97030
    View Details
  • Contact for pricing
    Restaurant and Bar on Kane
    Free-standing restaurant and bar with high exposure.
    1125 NE Kane Drive, Gresham, OR 97030
    View Details
  • $1,894/Mo
    Gresham Retail and Office Space
    Retail and office spaces in Gresham's high-tech corridor.
    21910-21968 NE Glisan Street, Gresham, OR 97030
    View Details
  • Contact for pricing
    22,100 sqft
    Shopping Center at Major Intersection
    Shopping center at the Fairview Drive and Burnside Road intersection with Burnside traffic averaging 27,159 to 29,141 cars per day.
    1600-1888 NW Fairview Dr, Gresham, OR 97030
    View Details
  • New
    Contact for pricing
    1,975 sqft
    Endcap Retail Suite
    Endcap retail suite available on a signalized corner with high traffic counts on Burnside Road and Eastman Parkway.
    471 NW Burnside Rd, Gresham, OR 97030
    View Details
  • New
    Contact for pricing
    1,147 sqft
    Freestanding Retail Building
    Freestanding retail building with street frontage and off-street parking for customer convenience.
    1675 NE Hogan Dr, Gresham, OR 97030
    View Details
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