Courtesy: Think Real Estate
Discover an exceptional income opportunity at the intersection of HWY 101 and Wilson River Loop, adjacent to Fred Meyers and Shiloh Inn. At the heart of commercial activity with this prime location and boasting three expansive buildings on nearly an acre. A total of eight long-term tenants secured with 1, 3 and 5 year leases with 3% annual increases built-in, ensuring a reliable income stream. With a dedicated investment of over $225,000 in upgrades over the past eight years, including resilient metal roofs, refreshed paint and siding on building fronts, and updated, paved parking lot, this property provides longevity and quality. Built as a Super Good Sense property with 2x6 framing. Accessible with single-level layouts and ADA features, plus 49 parking spaces, and two parking lot entrances. Capitalize on the potential, as the seller believes current rents fall below market value, this corner stands poised for further development and expansion. Same, meticulous owners for 35 years.
24043897
Business Opportunities, 1 Story
Tillamook
1997
0.92
Acres
1
Cement plank,Vinyl siding
Public Sewer, Septic Tank
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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