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161-167 E Historic Columbia River Hwy
Troutdale, OR 97060
Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,803 SF
Building Class
B
Year Built
1998
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.29
Lot Size
0.05 AC
Zoning
CBD
Frontage
48’ on Historic Columbia River
Amenities
- Signage
About 161-167 E HISTORIC COLUMBIA RIVER HWY , TROUTDALE, OR 97060
EXCELLENT INVESTMENT... Consistent Income & Great Cash Flow: Current net cash flow is ~$47,912 plus 3% annual rent increases for this 100% leased commercial real estate investment in Troutdale's Historic Downtown retail area, which is in close proximity to Highway I-84 as well as close to many large corporations who have recently developed minutes away. The building is occupied by three long-standing tenants, each with new triple net leases and all have more than 4-years remaining on the initial lease term with two tenants having extension options. These are great tenants, who are all current on their rent payments... despite COVID-19 pandemic!!
Property Taxes
| Parcel Number | R290720 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $300,760 |
Property Taxes
Parcel Number
R290720
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$300,760
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