263 Exchange St Astoria, OR 97103

This exceptional commercial property at 263 W Exchange St, Astoria, Oregon presents a compelling investment opportunity. Boasting 15,994 square feet on a 1.2-acre lot, this building offers significant potential for income generation. The property's current configuration provides a strong 10.4% capitalization rate, making it an attractive prospect for savvy investors seeking a high return on investment. West-facing rooms showcase breathtaking panoramic views of the Columbia River, the city of Astoria, and the iconic Astoria-Megler Bridge. The interior is described as clean and updated, minimizing immediate capital expenditure needs. The property's substantial size and prime location in Astoria, Oregon, offer versatility for a range of commercial uses. The 1.2-acre lot provides ample space for potential expansion or future development, adding further value to this already impressive asset. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location with exceptional views. Serious inquiries are encouraged to explore the full potential of this remarkable investment. The asking price is $3,450,000.