1005 Main AveGresham, OR 97030

Property Details for 1005 Main Ave

Property size (Sq ft)

4,320 SF

Property type

Office properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Gresham

County

Multnomah

State

Oregon

Latitude

45.5046

Longitude

-122.431

FAQs

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