For Sale
$495,000

Monmouth St Independence, OR 97351

Two renovated buildings, 100% leased.

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional investment opportunity presents two meticulously renovated historic buildings situated on a single 0.04-acre lot in the charming river town of Independence, Oregon. Located at 148 and 158 Monmouth Street, these properties offer a unique blend of historical charm and modern functionality. Recent renovations have been completed with a keen focus on preserving the historical integrity of the structures while incorporating contemporary upgrades. Currently operating as a multi-tenant investment property, both buildings are 100% leased to two separate tenants, providing immediate and consistent cash flow. This presents a strong return on investment for a savvy buyer. The property's prime location in the historic district of Independence ensures high visibility and accessibility. The buildings are ideally suited for an owner-user seeking a unique and established business location, or for an investor looking for a stable, multi-tenant income stream. This offering presents a rare chance to acquire a piece of Independence's rich history while capitalizing on a thriving commercial market. The property may be purchased individually or in conjunction with the adjacent Taylor's Fountain Building (see separate listing for 296 S. Main Street). The asking price for this remarkable property is $495,000.

Property Details for Monmouth St

Property type
Office properties
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Independence
County
Polk
State
Oregon
Latitude
44.85115
Longitude
-123.1847

FAQs

What type of property is this?
Office property - Two renovated buildings, 100% leased.
Where is the office property located?
The property is located at Monmouth St Independence, OR.
What is the asking price?
The asking price for this property is $495,000.
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Monmouth St
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