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Listing provided courtesy of Berkshire Hathaway HomeService Northwest Real Estate- MLS# 545979434MLS Provider

975 3rd ST #et, al,Tillamook, OR 97141

Commercial · 3,485 Sq. ft. | 0.80 Acres
$1,115,000 Active

975 3rd ST #et, al, Overview

Time on Site:
521 days
Visits:
60

4 Lots to be sold together as a Future Development Site. The four contiguous properties are located on 3rd & 4th Street, directly across from the Tillamook Adventist Medical Center. One parcel is commercial use with the popular Antoinette's Drive Thru Coffee & Soup (structures owned by Tenant). The other 3 properties have residential structures; 2 single family homes (771 F & 1,584 SF), the fourth parcel has 2 cottages (490 SF & 640 SF).All rentals are month-to-month, tenants have been notified of sale - Please do not disturb tenants. Property showings with an accepted offer only. Seller will consider seller financing and/or participation with buyer in their property development plan. Contact Broker for current Income & Expense Details.

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975 3rd ST #et, al, Facts & Features

  • Type Commercial
  • Sq. ft. 3,485
  • Price/Sq.ft. $320
  • Lot 0.80 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Month To Month
  • Gross Income: 39900.0
  • Operating Expense: 18427.0

Building Information

  • Year Built: 1947

Business Information

  • Current Use: Food Service,Multi Family

Location/Region

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

Tax Information

  • Tax Annual Amount: 4932.0
  • Tax Year: 2024

General Information

  • Inclusions: Building,Land,Other
  • Listing Terms: Cash,Contract,Conventional,Other,Trade
  • Parcel Number: 117901
  • Property Condition: Existing
  • Property Sub Type: Commercial
  • Property Type: Commercial Sale
  • Zoning: TM_RO

Interior

Building Interior

  • Building Area Total: 3485.0

General Information

  • Cooling: Other
  • Heating: Other

Unit Information

  • Unit Number: et, al,

Exterior

Parking Information

  • Parking Features: Off Street
  • Parking Total: 11.0

Lot Information

  • Lot Size Acres: 0.8
  • Lot Size Area: 34,848
  • Lot Size Dimensions: irregular
  • Lot Size Square Feet: 34848.0
  • Number Of Buildings: 4
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Stucco,T-111 Siding,Vinyl Siding
  • Roof: Composition

General Information

  • Road Frontage Type: 145
  • Sewer: Public Sewer

975 3rd ST #et, al, 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.

975 3rd ST #et, al, Monthly Cost

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$ %
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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.

975 3rd ST #et, al, 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

975 3rd ST #et, al, History

Date Event Value Agent
1/24/2025Source: Regional MLS Added to Database
January 24, 2025
Valerie Schumann
Listing Agent