For Sale
$1,115,000

975 3Rd St Tillamook, OR 97141

High-yield potential, prime location.

Overview

Added:
Feb 3
Days on market:
78
This exceptional 0.8-acre commercial development opportunity in Tillamook, Oregon, presents a unique investment prospect. The property comprises four contiguous lots totaling 3,485 square feet, strategically positioned on 3rd and 4th Streets, directly across from Tillamook Adventist Medical Center. The assemblage includes a commercially zoned parcel currently housing Antoinette's Drive Thru Coffee & Soup (building owned by the tenant), offering immediate income potential. Three additional lots feature existing residential structures: two single-family homes (771 sq ft and 1,584 sq ft respectively) and two cottages (490 sq ft and 640 sq ft). All rental agreements are month-to-month, and tenants have received notification of the sale. To ensure tenant privacy, property showings are strictly limited to those with an accepted offer. This presents a blank canvas for a developer seeking to capitalize on the high-traffic location and existing income stream. The seller is open to exploring seller financing options and potentially collaborating with the buyer on their development vision. Detailed financial information, including current income and expense reports, is available upon request. This is a rare chance to acquire a substantial property in a thriving Oregon coastal community.

Property Details for 975 3Rd St

Property type
Commercial real estate
Square Feet
3,485 SF
Year Built
1947
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Tillamook
County
Tillamook
State
Oregon
Latitude
45.45607
Longitude
-123.8549

FAQs

What type of property is this?
Commercial real estate - High-yield potential, prime location.
Where is the commercial real estate located?
The property is located at 975 3Rd St Tillamook, OR.
What is the asking price?
The asking price for this property is $1,115,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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975 3Rd St
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