26033 OR-18 - Retail FOR SALE


Willamina, OR 97396
$970,000 USD
503-559-1444
26033 OR-18, Willamina, OR for Sale
$970,000 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

26033 OR-18
Willamina, OR 97396


OVERVIEW

Exceptional real estate opportunity at 26033 Salmon River Hwy in Willamina, OR. Just 2 minutes from Spirit Mountain Casino! This property currently houses a cannabis business leasing the space for $61,800/NNN/YR, strong rental income potential with annual escalations. Located just off OR-18 with excellent visibility and access. On site septic tank with 1,500 gallon capacity. The original structure was constructed in 1952 and consisted of 1,742 SF. In 2019 there was an addition to the property bringing the total size to 3,000 SF. This property is being sold as real estate only (business not included) and there is also access to Salmon River. Owner willing to carry with 25% down. Adjacent property is also listed for sale consisting of an additional 1.61 acres for sale at $400,000 TL #284398 Don't miss this prime income-producing property. Please do not disturb the business. Direct all inquiries to the listing brokers.

FOR SALE DETAILS

PRICE

$970,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

26033 Salmon River Hwy (OR-18) Willamina OR

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

NPC-C

APN/PARCEL ID

284400

ASK ABOUT THIS PROPERTY

Ryan BrushSMI Real EstateMore Info
503-559-1444

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Ryan BrushSMI Real EstateMore Info
503-559-1444

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