129-137 N Main Ave - Restaurant FOR SALE


Gresham, OR 97030- Downtown Gresham
$2,000,000 USD
503-504-0209
129-137 N Main Ave, Gresham, OR for Sale
$2,000,000 USD
Restaurant - FOR SALE
1/18
null | Request Cap Rate

129-137 N Main Ave
Gresham, OR 97030
Downtown Gresham


HIGHLIGHTS

  • Central downtown location in coveted DCC zoning
  • Corner building with a second lot for parking
  • Development opportunity for up to four floors with long, main-level storefronts

OVERVIEW

Development opportunity in prime downtown Gresham location. DCC zoning-Downtown Commercial Core-a mixed-use district intended for higher-density development, including office, retail, and multi-family residential uses. The DCC district is designed to function as the city's commercial center, encouraging a vibrant and walkable downtown environment with specific design standards for new construction. The Downtown Plan District Design Manual, Section 4.1100, designates Main Avenue as "unique street". Two tax lots include 6,750-sf building on a 6,750-sf lot and a 5,000-sf parking lot.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$307 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,752 SF

ZONING

DCC

APN/PARCEL ID

R217822,R217823

ASK ABOUT THIS PROPERTY

Bela BaranyeXp RealtyMore Info
503-504-0209

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Bela BaranyeXp RealtyMore Info
503-504-0209

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