408 Main Ave - Bank FOR SALE


Tillamook, OR 97141
$1,950,000 USD
503-595-2840
408 Main Ave, Tillamook, OR for Sale
$1,950,000 USD
Bank - FOR SALE
1/6
null | 6.5% Cap Rate

408 Main Ave
Tillamook, OR 97141


HIGHLIGHTS

  • Drive through easement
  • Leased through 2036

OVERVIEW

PRIME INVESTMENT OPPORTUNITY This fully leased property is a rare chance to own a stable, low-maintenance asset in the heart of downtown Tillamook. U.S. Bank, a well-established national credit tenant, has occupied the building for 5 decades and just renewed their lease for another 10 years, showing strong confidence in the location. Backed by a proven tenant, this is a low-risk, income-producing asset ideal for investors seeking durability, simplicity, and dependable returns.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,125 SF

ZONING

TCC

APN/PARCEL ID

R0120595

ASK ABOUT THIS PROPERTY

Max SchlesingerApex Real Estate PartnersMore Info
503-595-2840

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Max SchlesingerApex Real Estate PartnersMore Info
503-595-2840

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