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170 N Main St
Toledo, OR 97391
Toledo Tower - 10 Apts. + Retail Spaces · Multifamily Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.22 AC
Building Size 14,253 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1920/1998
Parking Ratio 0.7/1,000 SF
Zoning C

AMENITIES

SITE AMENITIES

  • Laundry Facilities
  • On-Site Retail

ABOUT 170 N MAIN ST , TOLEDO, OR 97391

Toledo Tower in historic downtown Toledo, Oregon was constructed in 1920 and completely remodeled with studs replaced in 1998. The property enjoys long-term tenants and minimal turnover just seven miles from Newport. As the only inland coastal community with a deep water channel, Toledo retains its historical flavor with nearby waterfront and fishing vessels. The owners of Toledo Tower have had a positive relationship with many tenants, resulting in below-market rents. A new owner could increase cash flow by bringing rents to market and capitalizing on the asset's street-front retail.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R441514
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$593,440
  • Listing ID: 14107914

  • Date on Market: 10/17/2018

  • Last Updated:

  • Address: 170 N Main St, Toledo, OR 97391

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