1865 N MAIN AVETillamook, OR97141
$1,500,000
$118,000 annual income
8644 sq. ft
0.78 acres
SqFt20000toAcres1
Zoning: C-H
599 days on market
VestorFilter™
Price per ft²$173.53/ft²
Price per acre$1.92M/ac
Time on market599 days
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.
{{ compliance-logo }}Listing Provided By Berkshire Hathaway HomeService Northwest Real Estate
Financial Data
Date Sold2022-09-30
Sold Price$1,960,000
Original Price$1,500,000
Current Price$1,500,000
Property Taxes$5,209
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Home Facts
StatusSold
Year Built1955
Garage
MLS ID22637769