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Listed by Constant Commercial Real Estate Inc • 503-222-0282
$990,000
Est. payment /mo
3,760 SqFt
Price Dropped by $230K
1806 NW ELEVEN MILE AVE Gresham, OR 97030
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UPDATED:
11/04/2024 10:04 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,760 sqft
Price per Sqft $263
MLS Listing ID 24147134
Year Built 1988
Annual Tax Amount $3,096
Property Description
Heavy Industrial zoned opportunity on a large 0.51-acre fully fenced and paved lot with three structures: a grandfathered residential house/duplex and office, a 5-bay mechanic garage, and an additional garage. The current tenant is Magic City Garage, specializing in performance tuning and mechanical repairs with a lease in place with 15 months remaining. Strong local synergy with other repair shops enhances lease stability and ensures optimal use of the space. The lease outlines minimal landlord responsibility.
Location
State OR
County Multnomah
Area _144
Zoning HI
Interior
Heating Wall Heater
Exterior
Garage Spaces 7.0
Garage No
Building
Sewer Public Sewer
Water Public Water
Schools
Middle Schools Other
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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