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    47700 Sunset Hwy Banks, OR 97106-7607
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    Property profile & analytics

    47700 Sunset Hwy, Banks, OR 97106-7607

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    • Retail space
    • 1,315 SF
    • 0.57 lot acres
    Off-Market
    Last Sale May 16, 2025
    $44,000
    Property ID
    US71-1892341
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Cream Cannabis / (Bike/Boat/Book/etc) Store
    • The Magic Bean / Cafe & Coffee Shop

    Property Details for 47700 Sunset Hwy

    Lot size
    0.57 lot acres
    Zone code
    R-COM
    Property type
    Retail space
    APN
    2N410C0-00703
    APU
    2N410C000703

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 16, 2025 $44,000 M&m Prime Roofing INC Lyle Evers Warranty Deed —
    Sep 2, 2015 $235,000 Lyle Evers Vredenburg,steve Warranty Deed —
    Apr 17, 2006 $150,000 Steve Vredenburg Foran,joseph & Sue M Warranty Deed —
    Nov 18, 2005 — Joseph Foran Borst Family Trust Grant Deed $75k · Northwest Inv Specialists
    Oct 4, 1990 $19,600 Western United Life Assurance Co Unknown Grant Deed —

    Description

    This exceptional 1,315 square foot commercial property, situated on a 0.57-acre lot at 47700 NW Sunset Hwy in Banks, Oregon, presents a unique investment opportunity. Currently leased to an OLCC-approved dispensary, this property boasts excellent Sunset Highway frontage, ensuring high traffic counts and unparalleled visibility for any business. The existing tenant provides a stable income stream, but the versatile space offers significant potential for a variety of uses. Imagine transforming this location into a vibrant restaurant, a trendy bar, or a collection of retail food carts. The high traffic volume and prominent location make it ideal for attracting a diverse customer base. The property's size and configuration offer flexibility for various business models, allowing for customization to suit specific needs. This is a rare chance to acquire a well-positioned commercial property in a thriving area with significant growth potential. The recent price reduction makes this an even more compelling investment opportunity. Don't miss out on this chance to own a piece of Banks' bustling commercial landscape. Contact us today to schedule a showing and explore the possibilities.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Banks
    County
    Washington
    State
    Oregon
    Longitude
    -123.168
    Latitude
    45.6671
    CBSA code
    38900
    CBSA name
    PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,490
    $0.00
    $0.00
    $112,480
    -
    $91,530
    $166,250
    $257,780
    More about this property
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