For Sale
$1,100,000

1005 Main AveGresham, OR 97030

Downtown Gresham, High-Income Producer

Overview

Added:
Dec 11, 2024
Days on market:
116
This stunning, fully renovated 1926 building presents a rare opportunity in the heart of downtown Gresham, Oregon. Boasting 4,320 square feet of mixed-use space, encompassing both office and retail areas, this property offers exceptional income potential. The building underwent a complete overhaul in 2023, including a new roof, electrical system, HVAC, and a comprehensive interior upgrade. The substantial 15,000 square foot lot provides ample space, complemented by 24 onsite parking spaces and convenient drive-thru access from both Division and North Main Avenue. Currently generating a monthly rental income of $7,500, this property offers a strong return on investment. The asking price is $1,100,000, translating to $254.63 per square foot. The building is ADA compliant, ensuring accessibility for all tenants and visitors. This meticulously maintained property is a turnkey investment, ready for immediate occupancy and continued income generation. Its prime location in downtown Gresham offers excellent visibility and accessibility, making it an ideal investment for discerning buyers seeking a high-performing mixed-use asset in a thriving Oregon market. The property's blend of modern amenities and historic charm creates a unique and desirable space for tenants. This is a truly exceptional opportunity to acquire a profitable and well-maintained commercial property in a desirable location.

Highlights

  • $1,100,000 asking price.
  • 4,320 square foot mixed-use building (office and retail).
  • $254.63 price per square foot.
  • 15,000 square foot lot.
  • 24 parking spaces.

Property Details for 1005 Main Ave

Property type
Retail properties, Office properties
Square Feet
4,320 SF

Location Insight

City
Gresham
County
Multnomah
State
Oregon
Latitude
45.5046453
Longitude
-122.4313048
1005 Main Ave, Gresham, Oregon

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1005 Main Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message