Property summary
This 6,200 square foot commercial building is ideally situated on Highway 47, Vernonia's main thoroughfare. The property boasts excellent street-level visibility and ample on-street parking. Constructed primarily of brick and concrete block, the building features a pitched roof over the original flat roof. The original 3,500 square foot section dates back to 1935, with two subsequent additions expanding the space. The downtown zoning allows for a diverse range of commercial and mixed-use applications, offering considerable flexibility for potential buyers. The building could easily be divided into two to four separate units, with the possibility of incorporating living quarters. City utilities are readily available, including gas heat. The 0.15-acre lot offers a zero lot line, maximizing the building's footprint and exposure. Located in a thriving small town known for its outdoor recreation opportunities and antique shops, the property benefits from its proximity to Stub Stewart State Park and the Banks to Vernonia Linear and CZ trails. Importantly, the building sits well above the flood plain. Currently used as office and retail space. This presents a unique opportunity to acquire a well-established commercial property in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing & Fashion Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
VR:GC · Vernonia, ORZoning
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Zoning designation
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