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1911 2nd St 3,346 SF 100% Leased Retail Building Tillamook, OR 97141 $449,000 ($134.19/SF)
INVESTMENT HIGHLIGHTS
- Great Downtown Location
- Fully leased - 3 tenants
- Parking on street and nearby city parking lot
EXECUTIVE SUMMARY
Located in the center of Downtown Tillamook, versatile 3 unit well maintained commercial building with full basement, accessible from each address; 202 Main, 1909 and 1911 2nd Street - note the Assessor's building diagram indicates rentable square footage. Popular Sarasota's Bakeshop/Cafe and Anderson Florist are long term tenants and 3rd tenant currently utilizes the storefront as a private office workspace business use. Separate electrical meters, landlord pays water/sewer. Newer canopy. Seller financing may be available to qualified buyers, see broker for details. Contiguous on-street and nearby City Parking Lots. Vacancies historically fill quickly.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$2,839
|
$0.85
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,839
|
$0.85
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $2,839 |
| Annual Per SF | $0.85 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,839 |
| Annual Per SF | $0.85 |
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,346 SF
Year Built
1925
Price
$449,000
Price Per SF
$134.19
Percent Leased
100%
Building Height
1 Story
Zoning
TM-C-C
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R0118214 | Total Assessment | $239,260 |
| Land Assessment | $97,340 | Annual Taxes | $2,839 ($0.85/SF) |
| Improvements Assessment | $141,920 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R0118214
Land Assessment
$97,340
Improvements Assessment
$141,920
Total Assessment
$239,260
Annual Taxes
$2,839 ($0.85/SF)
Tax Year
2024
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1911 2nd St
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