$1,399,900
919 7TH ST Oregon City, OR 97045
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Legend Real Estate Services
$1,399,900
Est. payment /mo
13,383 SqFt
UPDATED:
10/26/2024 04:56 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 13,383 sqft
Price per Sqft $104
MLS Listing ID 24243952
Year Built 1905
Annual Tax Amount $9,218
Tax Year 2023
Property Description
Actual CAP RATE 8.9 with only 75 percent of the square footage occupied. Own a piece of History built in 1905, a Historical Registered Building. This building brings in $14,642 monthly income on just 2 of the floors. The Basement is approximately 3230 square footage that is vacant with two office space and additional open space and the top floor is empty, approximately 796 sq ft, with more square footage to be finished out. The second floor, approximately 4837 sqft, has 13 bedrooms, 5.1 bathrooms, and 4 kitchens rented by a non-profit that provides discounted property taxes. The 1st floor, approximately 4522 sq ft, has two rented retail spaces and one occupied apartment. One tenant occupies two retail spaces, there is actually 3 retail spaces on the first floor. Currently, the building has an actual. The following maintenance has been performed to the building: the roof was done in 2020; the Fire Sprinkler System was installed in 2020-2023; the Plumbing upgrade in 2023; the sewer line to the street was replaced in 2023; the Basement waterproofing in 2023; Foundation post upgrade 2023, water heater for the building was installed 2020, and First floor HVAC 2019 and 2021.
Location
State OR
County Clackamas
Area _146
Zoning MUC
Interior
Heating Mini Split
Equipment Sprinkler
Exterior
Roof Type Composition
Parking Type On Site, On Street
Garage No
Building
Story 3
Sewer Public Sewer
Water Public Water
Level or Stories 3
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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