285 NE 3Rd Ave Canby, OR 97013
For Sale
1 / 50
Multi-tenant Professional Building Income Upside & Parking /Downtown Canby Purpose-priced commercial property offered for sale in a highly desirable downtown Canby location, zoned C-1 Downtown Commercial, and currently owner-occupied by a successful commercial construction company. The building has been thoughtfully updated and configured to support multi-tenant professional use, owner-user occupancy, or a live/work strategy, making it a flexible opportunity for a range of buyers. The main building features a remodeled lobby, spacious conference room, 3 offices, project room, lunchroom, and ADA ramp, creating a functional and professional environment suitable for many uses. See attached. A detached garage structure, currently used for storage, includes a half bathroom and offers further flexibility for future office, meeting, or support space. Updates are found throughout the property, including new siding, enhancing both durability and street presence. The structure was relocated to this site in 2004, allowing for its current configuration and integration into the downtown commercial core. Parking is a notable strength, with 6+/- on-site parking spaces, additional on-street parking, and immediate proximity to a large public parking area near the movie theater, city hall and shopping a significant advantage for multi-tenant or client-facing businesses. The property also benefits from Canby Loop (bus) access, a fire hydrant at the corner of the lot, strong visibility & great proximity to city offices, bank, shopping, dining & more. New owner(s) can elect to participate in the Historic H.O.A. The building is currently owner-occupied and functioning as an active business location. No showings during business hours. Showings are available by appointment. Phone 503-752-6966 to Schedule
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.