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Listed by ERA Freeman & Associates • 503-665-3144
$ 695,000
Est. payment /mo
Active
1510 NE VILLAGE ST Fairview, OR 97024
3,222 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,222 sqft
Price per Sqft $215
MLS Listing ID 272503875
Year Built 2001
Annual Tax Amount $7,889
Tax Year 2025
Lot Size 3,049 Sqft
Property Sub-Type Income
Property Description
IMPROVED PRICE!!! This dual use property is a wonderful investment opportunity in beautiful Fairview Village. Close proximity to I-84 makes it desirable for clients. Ability to collect income on main office space and ADU, or use for your own business. Front building is approximately 2700 SF of office space on 2 levels, 3 1/2 bathrooms, with space for reception area. ADU is 500 sf with 1 bedroom 1 bath (currently vacant). Front office space is currently vacant. Seller currently looking for new long term lessee. Recent rent has been $4,800/mo TRIPLE NET. ADU currently leased through 4/2026. This property pencils out very well for investors. Larger space was converted from a residential home and has 7 office spaces, or 6 offices plus a conference room, but can easily be turned back into a residence. SELLER CARRIED FINANCING possibly available with $250K down, 5% with a 3 year payoff. This property is definitely worth seeing!
Location
State OR
County Multnomah
Area _144
Zoning VC
Interior
Heating Forced Air
Cooling Central Air
Equipment SmokeDetector
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional, Other, SellerWillSubordinate
Listing Terms Cash, Conventional, Other, SellerWillSubordinate
Virtual Tour https://vimeo.com/950553340?p=0s
