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Investment Highlights
- Visible and Versatile Hwy 101 Retail, Restaurant, Automotive Part Sales, ETC.
- Market Demand for Retail/Restaurant
- Tillamook Main Commercial Corridor - Tillamook Coast
Executive Summary
Highly desirable, almost impossible to find retail/restaurant location along Tillamook's Prime Commercial Corridor along Hwy 101 (Pacific Coast Scenic Byway) with ADT over 20,000. This Tillamook Coast area boasts great revenues for quality retail and restaurant offerings, acknowledging the lack of com-petition and demand for a wider range of consumer goods. Approximately 7,300 SF building, and 1,334 SF carwash. Price is firm based on value and lack of alternative comparable sites for sale or for lease. Car wash is currently not operating, this carwash was arguably the most popular and efficient in town when it was operating, Seller would con-sider assisting in the restoration of the carwash operations pursuant to the negotiations between Buyer and Seller, or assist with ground lease with interested experienced carwash operator. Solid metal building shell with 2 separate storefront entries, currently combined in the one storefront. Rear easement for access off Larsen Road. Includes monument sign on Main Avenue (Hwy 101). Immediate neighbors include Roby's Furniture, Grocery Outlet, McDonalds, Subway, Valvoline and Fred Meyers.
Property Facts
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
8,634 SF
Building Class
C
Year Built
1940
Price
$1,500,000
Price Per SF
$173.73
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.77 AC
Zoning
C-H - Highway Commercial, see attached Zoning Ordinance
Parking
35 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
150’ on Main Avenue (Hwy 101)
Amenities
- 24 Hour Access
- Fenced Lot
- Pylon Sign
- Signage
- Drive Thru
- Storage Space
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R0406044 | Improvements Assessment | $216,840 |
| Land Assessment | $258,210 | Total Assessment | $475,050 |
Property Taxes
Parcel Number
R0406044
Land Assessment
$258,210
Improvements Assessment
$216,840
Total Assessment
$475,050
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1865 Main Ave N
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