712 Main StOregon City, OR 97045

Property Details for 712 Main St

Year built

1925

Lot size

0.08 AC

Zone code

MUD

Property type

Commercial real estate

APN

22E31AB05700

APU

22E31AB05700

Description

This exceptional owner-user investment opportunity presents a three-story, 8,020-square-foot creative office building located at 712 Main St, Oregon City, OR 97045. The Class B building, constructed in 1925, boasts a mixed-use downtown zoning designation. Currently, the property has a 50% occupancy rate with two tenants under a NNN lease structure. The asking price is $1,680,000, translating to $209.48 per square foot. Situated in the revitalized downtown area, the building benefits from its proximity to the Oregon City Transit Center and Clackamas County Circuit Court, offering convenient access to amenities and transportation. The location provides easy access to I-205 and Hwy 99E, facilitating seamless connectivity to the greater Portland Metro area. Rent bumps are permitted, presenting an opportunity for future income growth. This historic building, in a city rich in history and situated on a revitalized Main Street, offers a unique blend of character and modern convenience. The property's one building comprises three stories and is part of a vibrant community with numerous restaurants and shops.

• Alternative Use

  Use

  Valuation

  Residential

  $701,410

  Hospitality

  $642,488

  Educational

  $534,543

  Medical

  $552,926

  Retail

  $831,511

Location Insight

City

Oregon City

County

Clackamas

State

Oregon

Latitude

45.3578

Longitude

-122.608

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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