1822 21st Ave - Restaurant FOR SALE


Forest Grove, OR 97116
$1,100,000 USD
503-740-3786
1822 21st Ave, Forest Grove, OR for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/8
null | 6.28% Cap Rate

1822 21st Ave
Forest Grove, OR 97116


HIGHLIGHTS

  • Total renovation in 2019
  • 10 parking spaces
  • NNN Leased

OVERVIEW

This Over 5055 square foot building in the heart of Down Town Forest Grove and Pacific University. There are one occupant in the building for a good income. Street level opens to one occupant that is government agency Non Profit. There are 10 designated parking spots in the back of the building and a loading dock. Fantastic Investment Property " Turn Key". All Plumbing, underground Plumbing, Electrical, HVAV systems, kitchen HVAC was newly installed in 2019 when the Whole Building was Remodeled. The building was Gutted to the Studs and Revamped. There was also a Cold Room installed in 2019 that is attached on the back of the building. Roof is newer. We encourage a drive by and walk around the building and grounds. Please do not disturb the tenants.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

6.28%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.36 AC

LAND SF

15,682 SF

ZONING

GC

APN/PARCEL ID

R0423072

ASK ABOUT THIS PROPERTY

Allen RiddleMORE RealtyMore Info
503-740-3786

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Allen RiddleMORE RealtyMore Info
503-740-3786

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