975 3rd et al St - Multi-Family FOR SALE


Tillamook, OR 97141
$1,115,000 USD
503-812-8423
975 3rd et al St, Tillamook, OR for Sale
$1,115,000 USD
Multi-Family - FOR SALE
1/1

975 3rd et al St
Tillamook, OR 97141


HIGHLIGHTS

  • Across from medical center
  • 4 Lots with development potential
  • Current tenants include 3 residential, 1 Drive thru Coffee/Food Cart

OVERVIEW

4 Lots to be sold together as a Future Commercial Development Site. The four contiguous properties are located on 3rd & 4th Street, directly across from the Tillamook Adventist Medical Center. One parcel is commercial use with the popular Antoinette's Drive Thru Coffee & Soup (structures owned by Tenant). The other 3 properties have residential structures; 2 single family homes (771 F & 1,584 SF), the fourth parcel has 2 cottages (490 SF & 640 SF).All rentals are month-to-month, tenants have been notified of sale - Please do not disturb tenants. Property showings with an accepted offer only. Seller will consider seller financing and/or participation with buyer in their property development plan. Contact Broker for current Income & Expense Details.

FOR SALE DETAILS

PRICE

$1,115,000 USD

# OF UNITS

5

PRICE/UNIT

$223,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3rd Street Development

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

TM_R-0

APN/PARCEL ID

R0117901,R0118063,R0170772,R0171548

ASK ABOUT THIS PROPERTY

Valerie SchumannBerkshire Hathaway HomeServices NorthwestMore Info
503-812-8423

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

Valerie SchumannBerkshire Hathaway HomeServices NorthwestMore Info
503-812-8423

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