1107 3rd St - Health Care FOR SALE


Tillamook, OR 97141
$395,000 USD
503-249-1706
1107 3rd St, Tillamook, OR for Sale
$395,000 USD
Health Care - FOR SALE
1/16
null | Request Cap Rate

1107 3rd St
Tillamook, OR 97141


OVERVIEW

Location Location! Double Lot across from the hospital on 3rd St with building and parking lot. The building was last used as an orthopedic medical clinic. The building has upgraded electrical power reflective of its previous use and HEPA standard heating and cooling for its time. Extensive plumbing also exist with sinks in almost every room reflective of its previous use. There is also a full kitchen area and 2 bathrooms. The roof is high quality and metal. The building has sat dormant and winterized since its closure in 2004 with only land scape maintenance and exterior cleanup as attention. A skylight failed causing significant water damage that went unnoticed for an unknown amount of time. The damage is to a specific area over the one level section in the rear of the building ruining the ceiling/walls/floors & subfloor. Complete replacement in this area is necessary. In its time of last use this property was a nice set up so remodeling is a strong consideration for many uses. Or? Its a generous double lot that seems much bigger than the 105'X 105'lot size on the public record warranting complete redevelopment as well. High Traffic count with 3rd street doubling as a section of the Netarts Highway. Surrounded by new development all around...this property is "dirt cheap" and a great find for the right buyer.

FOR SALE DETAILS

PRICE

$395,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Orthopedic Clinic

PROPERTY TYPE

Health Care

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R0117377

ASK ABOUT THIS PROPERTY

Gary GriggsWindermere Realty TrustMore Info
503-249-1706

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Gary GriggsWindermere Realty TrustMore Info
503-249-1706

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