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Listed by West Coast Real Estate Service • sales@wcresi.com
$ 1,900,000
Est. payment | /mo
6,048 SqFt
$ 1,900,000
Est. payment | /mo
6,048 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,048 sqft
Price per Sqft $314
MLS Listing ID 639008570
Year Built 1938
Annual Tax Amount $7,973
Tax Year 2025
Lot Size 0.510 Acres
Property Sub-Type Commercial
Property Description
Prime commercial opportunity on a high-visibility corner location! This 0.51-acre commercial property spans three tax lots and sits at the corner of Hwy 101 and 37th Street, offering approximately 120 feet of Hwy 101 frontage for excellent exposure. The property features two income-producing buildings. The first is a charming two-story building built in 1938. The upper level offers a 720 sq ft, 1-bedroom, 1-bathroom apartment—ideal for owner occupancy or rental income. The main level consists of 2,128 sq ft and is currently operating as a thrift store. The second building, constructed in 1991, is a single-level commercial structure with versatile use. Approximately half of the building (1,696 sq ft) is currently operating as a laundromat, while the remaining 1,504 sq ft is home to a deli/café. Exceptional visibility, multiple revenue streams, and flexible commercial use make this a standout investment along Hwy 101.
Location
State OR
County Lane
Area _228
Zoning H
Interior
Heating Other
Exterior
View Territorial
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash
Listing Terms Cash
Nearby Locations
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2175 NW Raleigh St, # 110, Portland OR 97210, Portland, Oregon, 97210, USA