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    OFF-MARKET
    Commercial real estate

    310 3rd Ave, Canby, OR 97013-3603

    0.05 ac lot Built 1973
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US71-0611777
    Property summary
    AI-generated overview

    This exceptional 1,245 square foot commercial property is situated in the heart of downtown Canby, Oregon, offering a rare opportunity for business owners seeking a vibrant and established location. The property is conveniently located less than a block from Wait Park, providing easy access to green space and recreational opportunities. Its central location also benefits from proximity to a diverse range of amenities, including two elementary schools, numerous medical professionals (doctors, dentists, orthodontists), legal services, and a variety of specialty shops. These shops include, but are not limited to, a butcher shop, antique store, bookstore, salons, barbershops, and multiple restaurants and eateries. This ensures a high volume of foot traffic and a strong customer base. The property itself offers 1,245 square feet of usable space on a 0.05-acre lot. While the bathroom is a partial unit (sink and toilet only), this presents an opportunity for customization to suit specific business needs. The property's prime location and established commercial environment make it an ideal investment for a wide range of businesses seeking a thriving downtown presence. This is a unique opportunity to establish or expand your business in a highly desirable and convenient location. The asking price is $424,900.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1973
    Lot 0.05 ac (2,252 SF)
    Zoning code C1
    APN 31E33CB06602
    UPID US71-0611777
    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
    Madrone Investments INC · 1 yrs held
    Madrone Investments INC
    since 2025
    Last sale
    $400,000
    3 recorded transactions
    2025
    $400,000
    2025
    1991
    $99,500
    Zoning & alternative use
    C1 · Canby, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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