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Listing provided courtesy of MORE Realty- MLS# 22446911MLS ProviderContact Information: 503-740-3786

945 GATEWAY BLVDCottage Grove, OR 97424

Commercial · 2,017 Sq. ft. | 0.25 Acres
$495,000 Pending

945 GATEWAY BLVD Overview

Time on Site:
1250 days
Visits:
132

MAKE AN OFFER. Location, Location, High Traffic Volume Daily on the Heart of Gateway Blvd. This 2017 Square foot building is currently on a month to month lease at $1500.00 per month. A nice 675 square foot apartment is over the restaurant and can be additional income. There are 12 parking spots dedicated to this property. The restaurant is currently on the month to month lease. Please respect the tenants business operation. Fantastic opportunity for owner/ operator and/or an income property.

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945 GATEWAY BLVD Facts & Features

  • Type Commercial
  • Sq. ft. 2,017
  • Price/Sq.ft. $245
  • Lot 0.25 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Month To Month
  • Gross Income: 18000.0
  • Operating Expense: 0

Building Information

  • Year Built: 1930
  • Year Established: 1930

Business Information

  • Business Name: Spice of India
  • Current Use: Other,Professional Service,Restaurant

Location/Region

  • Country: US
  • County Or Parish: Lane
  • MLS Area Major: 23 - Vancouver: E Heights5

Rent/Lease Information

  • Lease Amount: 1500.0

Tax Information

  • Tax Annual Amount: 4176.18
  • Tax Year: 2021

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: 1453909
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: CG

Interior

Building Interior

  • Building Area Total: 2017.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Other Equipment: Smoke Detector
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Site,On Street
  • Parking Total: 12.0

Lot Information

  • Lot Size Acres: 0.25
  • Lot Size Area: 10,890
  • Lot Size Dimensions: 102X105
  • Lot Size Square Feet: 10890.0
  • Number Of Buildings: 1
  • Road Surface Type: Concrete
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Wood Frame,Wood Siding
  • Roof: Composition

General Information

  • Road Frontage Type: 103
  • Sewer: Public Sewer

945 GATEWAY BLVD Neighborhood

Community

97424 (Cottage Grove) Demographics

43
Median Age
79
Population Density (per sq. mile)
31%
College Educated
$54,104
Estimated Median Income
4,897
Estimated Total Home Owners
2,413
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

945 GATEWAY BLVD Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

945 GATEWAY BLVD Market Data

Based on the last 30 days in this zip code

$579,339
Average List Price
$291
Average Price per Square Foot
19
Properties Sold
100
Average Days on Market
95
Properties for Sale
Calculations provided by Reliance Network

945 GATEWAY BLVD History

Date Event Value Agent
2/9/2024Source: Regional MLS Status Change
Pending
12/15/2023Source: Regional MLS Status Change
Active
11/9/2023Source: Regional MLS Status Change
Pending