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Listing provided courtesy of Kelly Right Real Estate of Portland, LLC- MLS# 23107892MLS Provider

1145 N MAIN AVETillamook, OR 97141

Commercial · 2,657 Sq. ft. | 0.67 Acres
$690,000 Active

1145 N MAIN AVE Overview

Time on Site:
1126 days
Visits:
18

Excellent business location. Right on Hwy 101 in Tillamook. High traffic demand. Free standing building with extra large parking lot in front. New roof in August 2017 with the cost of $65,000. New exterior paint in 2019. The property has been leased to a Chinese restaurant for over 12 years. The current lease is month to month. The tenant is willing to have a long term lease. This can be occupied or investment.

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1145 N MAIN AVE Facts & Features

  • Type Commercial
  • Sq. ft. 2,657
  • Price/Sq.ft. $260
  • Lot 0.67 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Month To Month,NNN
  • Gross Income: 45120.0
  • Operating Expense: 4755.0

Building Information

  • Year Built: 1978

Business Information

  • Current Use: Bar,Food Service,Restaurant

Location/Region

  • Country: US
  • County Or Parish: Tillamook
  • MLS Area Major: 195 - Tillamook County

Rent/Lease Information

  • Lease Amount: 3760.0

Tax Information

  • Tax Annual Amount: 4902.92
  • Tax Year: 2022

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: 120390
  • Property Condition: Approximately
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: THC

Interior

Building Interior

  • Building Area Total: 2657.0

General Information

  • Cooling: EnergyStar Air Conditioning
  • Heating: Forced Air
  • Stories: 1

Exterior

Parking Information

  • Parking Features: On Site
  • Parking Total: 26.0

Lot Information

  • Lot Size Acres: 0.67
  • Lot Size Square Feet: 29185.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Wood Siding
  • Roof: Metal

General Information

  • Sewer: Public Sewer

1145 N MAIN AVE Neighborhood

Community

97141 (TILLAMOOK) Demographics

42
Median Age
57
Population Density (per sq. mile)
29%
College Educated
$54,424
Estimated Median Income
3,275
Estimated Total Home Owners
2,020
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
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.

1145 N MAIN AVE 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.

1145 N MAIN AVE Market Data

Based on the last 30 days in this zip code

$570,935
Average List Price
$297
Average Price per Square Foot
20
Properties Sold
123
Average Days on Market
148
Properties for Sale
Calculations provided by Reliance Network