10425 Neahkahnie Creek Rd - Apartments FOR SALE


Nehalem, OR 97131
$639,000 USD
503-812-8423
10425 Neahkahnie Creek Rd, Nehalem, OR for Sale
$639,000 USD
Apartments - FOR SALE
1/53
null | Request Cap Rate

10425 Neahkahnie Creek Rd
Nehalem, OR 97131


OVERVIEW

Contiguous to the Adventist Urgent Care Medical Facility, immediately adjacent to Hwy 101 (Pacific Coast Scenic Byway), the 2,911 Square Foot 2001 Manufactured Building has Six Offices and/or Bedrooms w/ 5.5 Bathrooms. The .49 Acre site (21,344 SF). is mostly tree lined on 3 sides, protected from future building due to terrain and protected lands. Parcel is zoned Commercial (MZ-C); allows for Medium Density Residential (R-2,R-3, R-4); includes mixed-use development, lodging, office, health related and other uses by Conditional Use Permit, see attached Zoning Docs. Recently vacated by Adventist Ambulance Service. Tucked away off Hwy 101, the private & versatile property has room for additional building(s), abundant onsite parking, rear deck with access ramp and two small outbuildings.

FOR SALE DETAILS

PRICE

$639,000 USD

PRICE/SF

$220 USD /SF

# OF UNITS

6

PRICE/UNIT

$106,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

MZ-C-1

APN/PARCEL ID

R0408774

ASK ABOUT THIS PROPERTY

Valerie SchumannBerkshire Hathaway HomeServices NorthwestMore Info
503-812-8423

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Valerie SchumannBerkshire Hathaway HomeServices NorthwestMore Info
503-812-8423

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.