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Downtown Gresham Building 31 NE 3rd St 3,600 SF Retail Building Gresham, OR 97030 $1,100,000 ($305.56/SF)



Executive Summary
Property is located within Gresham Downtown, a few doors east of Main Street.
Improvements include two (2) vacant freestanding buildings separated by a courtyard.
Street Front Building is 3,600 sf, and was previously occupied by a yoga studio.
Yoga studio is equipped with 32 infra red heaters in the dropped ceiling. All new LED lighting has been installed.
Men and Women locker rooms with (5) showers were built in 2019, including installation of (2) instant Hot water systems.
The Rear Building is wood framed, approximately 1,200 sf and being used for storage by owner.
Improvements include two (2) vacant freestanding buildings separated by a courtyard.
Street Front Building is 3,600 sf, and was previously occupied by a yoga studio.
Yoga studio is equipped with 32 infra red heaters in the dropped ceiling. All new LED lighting has been installed.
Men and Women locker rooms with (5) showers were built in 2019, including installation of (2) instant Hot water systems.
The Rear Building is wood framed, approximately 1,200 sf and being used for storage by owner.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,600 SF
Year Built
1947
Price
$1,100,000
Price Per SF
$305.56
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.14 AC
Opportunity Zone
Yes
Zoning
DCC - Downtown Commercial Core (DCC) - Permitted uses include a wide range of uses - retail, service, office and residential.
Frontage
60’ on NE 3rd Street
Amenities
- Bus Line
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Korbut's Children
- -
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Korbut's Children | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Exceptionally walkable
90/100
Moderately drivable
70/100
Good public transit
60/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R221433 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $421,720 |
Property Taxes
Parcel Number
R221433
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$421,720
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Presented by
Property House, Inc.
Downtown Gresham Building | 31 NE 3rd St
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