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10692 Or-126 Hwy 9,879 SF Retail Building Mapleton, OR 97453 $250,000 ($25.31/SF)



EXECUTIVE SUMMARY
Large commercial building with large fenced yard in excellent location. Distressed Sale, property in need of repairs with some systems, finishes or fixtures nearing or at the end of their useful life. All offers must be 100% “as-is”, with all personal property and debris to be disposed of by buyer after closing. All offers subject to 3rd party court approval. Absolutely No Financial information is available, No rental agreements, No P&L, No Rent Roll. Cash Offers only at or above full price with limited to waived DD, will be considered. No interior access, drive by only. Buyer to accept all tenants and any on site management at closing with no rental agreements or estopple certs.
Back up offers must include: Purchase price at Full Price All Cash with Proof of funds, Phrasing that states buyer accepts property in 100% “as-is” condition with all defects known and unknown. Waived or limited DD periods maximum 10 days, Buyer understand that no interior access will be granted during an inspection period, Buyers accepts all tenants, on site staff, and live in management if applicable at closing. Buyer understands that no rental agreements or financial documentation of any kind is available. Buyer understands that no deposits or prorated rents will be transferred at closing. Include the attached addendum confirming the offer is subject to 3rd party approval Shall be subject to overbid by third parties following a motion for approval of sale filed by Seller in the Bankruptcy Action. Property will be conveyed with a “Trustee Deed” Seller is Kenneth S. Eiler, Trustee of the Estate of Reinard Adolph Pollmann, debtor. Ticor Candice Weischedel
Back up offers must include: Purchase price at Full Price All Cash with Proof of funds, Phrasing that states buyer accepts property in 100% “as-is” condition with all defects known and unknown. Waived or limited DD periods maximum 10 days, Buyer understand that no interior access will be granted during an inspection period, Buyers accepts all tenants, on site staff, and live in management if applicable at closing. Buyer understands that no rental agreements or financial documentation of any kind is available. Buyer understands that no deposits or prorated rents will be transferred at closing. Include the attached addendum confirming the offer is subject to 3rd party approval Shall be subject to overbid by third parties following a motion for approval of sale filed by Seller in the Bankruptcy Action. Property will be conveyed with a “Trustee Deed” Seller is Kenneth S. Eiler, Trustee of the Estate of Reinard Adolph Pollmann, debtor. Ticor Candice Weischedel
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,879 SF
Building Class
B
Year Built
1974
Price
$250,000
Price Per SF
$25.31
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.51 AC
Zoning
RC - General Commercial
Parking
20 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
215’ on Or-126 Hwy
PROPERTY TAXES
| Parcel Number | 0766178 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $290,236 |
PROPERTY TAXES
Parcel Number
0766178
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$290,236
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10692 Or-126 Hwy
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