Bought with All-Pro Realty Advisors, LLC
$879,000
$925,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
3,483 SqFt
SOLD DATE : 07/26/2022
Key Details
Sold Price $879,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,483 sqft
Price per Sqft $252
MLS Listing ID 22538204
Sold Date 07/26/22
Year Built 2008
Annual Tax Amount $9,046
Tax Year 2021
Lot Size 0.520 Acres
Property Description
Prime retail commercial building on busy Hwy 42, main road to the coast! High traffic count, on-site parking with great exposure! Fully leased by Subway and Smoke Shop. Interior spaces have high ceilings and ADA restrooms. The income from the Subway could easily pay easily pay for the Buyer's mortgage. Great signage exposure! Subway Lease spans 20 years from March 2008 to Feb. 2033, structured as 4 5-year options. This location is one of the most reliable franchises, steady income during COVID.
Location
State OR
County Douglas
Area _257
Zoning Comm
Interior
Heating Heat Pump
Cooling Heat Pump
Equipment Fixtures, SecuritySystem, SmokeDetector
Exterior
View Y/N true
View City
Roof Type Flat
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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