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281 S 2nd St 6,575 SF Retail Building Independence, OR 97351 $825,000 ($125.48/SF)
Investment Highlights
- Updated throughout in the last 5 years
- Phase 1 report available
- Located in the downtown overlay + MUPC Zoned
- 10 Ft (approx) Roll Door
Executive Summary
Unique opportunity to own a newly renovated retail/office building in downtown Independence.
Currently owned by the City of Independence, the museum will be relocated to the Library.
The building has a new membrane roof, updates to the HVAC and electrical, fresh sheetrock and flooring (polished concrete).
Space has a flexible floor plan with multiple private offices/conference rooms and potentially two bull-pen areas.
Currently owned by the City of Independence, the museum will be relocated to the Library.
The building has a new membrane roof, updates to the HVAC and electrical, fresh sheetrock and flooring (polished concrete).
Space has a flexible floor plan with multiple private offices/conference rooms and potentially two bull-pen areas.
Property Facts Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,575 SF
Building Class
B
Year Built/Renovated
1945/2021
Price
$825,000
Price Per SF
$125.48
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.15 AC
Zoning
MUPC - MUPC
Frontage
Amenities
- 24 Hour Access
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 374846 | Improvements Assessment | $156,120 |
| Land Assessment | $43,230 | Total Assessment | $199,350 |
Property Taxes
Parcel Number
374846
Land Assessment
$43,230
Improvements Assessment
$156,120
Total Assessment
$199,350
Contacts
-
Kelsi Sands -
Alex Rhoten -
Jeff Miller -
David Schacher -
Coldwell Banker Commercial Mountain West
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