Bought with Berkshire Hathaway HomeService Northwest Real Estate
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1865 N MAIN AVE Tillamook, OR 97141
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Key Details
Sold Price $1,960,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,644 sqft
Price per Sqft $226
MLS Listing ID 22637769
Sold Date 09/30/22
Year Built 1955
Annual Tax Amount $5,208
Tax Year 2021
Lot Size 0.780 Acres
Property Sub-Type Commercial
Property Description
PRIME HWY 101 Retail Property along Tillamook's main commercial hub. Either $2M for both parcels w/buildings or $1.5M for the front 7,300 SF building & carwash building w/business. After a 20 year lease triple net lease, with rent limited by the historical fixed lease rate, the Advanced Auto lease expires 8/31/2022. Building available 8/1/2022. Expected Lease Rate $1.00 to $1.20 triple net. Sale includes seller's profitable & easy to manage car wash business; nets approximately $75,000 annually.
Location
State OR
County Tillamook
Area _195
Zoning C-H
Interior
Heating Forced Air
Cooling None
Equipment Compressor, Fixtures
Exterior
Garage Spaces 40.0
View Y/N true
View City, Mountain
Roof Type Metal
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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