21028 Highway 99EAurora, OR 97002

For Sale
$849,000
High-traffic Hwy 99E property, strong tenant base.

Overview

Added:
Feb 3
Days on market:
72
This exceptional commercial property, located at 21028 NE Highway 99E in Aurora, Oregon, presents a compelling investment opportunity. The property encompasses two updated buildings totaling approximately 2,296 square feet, situated on a 0.42-acre lot. A significant advantage is the approximately 154 feet of frontage along Highway 99E, a major thoroughfare boasting over 7,000 vehicles daily, ensuring high visibility and accessibility for businesses. The existing tenants are secured under automatically renewing leases, providing immediate and consistent cash flow for the investor. This presents an attractive owner-operator potential, allowing for hands-on management and potential for increased profitability. The property benefits from its location within a thriving community, characterized by a strong economic base. Within a one-mile radius, the average household income is $104,000, and the average home value is $623,000, indicating a robust and affluent consumer market. This demographic profile supports a broad base of potential customers for any business operating from this location. The combination of high traffic, stable tenancy, and a desirable location makes this property an excellent choice for investors seeking a reliable and potentially lucrative investment in the Aurora, Oregon market.

Property Details for 21028 Highway 99E

Property type
Commercial real estate
Square Feet
2,296 SF
Year Built
1970
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Aurora
County
Marion
State
Oregon
Latitude
45.22375
Longitude
-122.758
21028 Highway 99E, Aurora, Oregon

FAQs

What type of property is this?
Commercial real estate - High-traffic Hwy 99E property, strong tenant base.
Where is the commercial real estate located?
The property is located at 21028 Highway 99E Aurora, OR.
What is the asking price?
The asking price for this property is $849,000.
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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21028 Highway 99E
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