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350 W Columbia River Hwy 6,902 SF 15% Leased Retail Building Clatskanie, OR 97016 $399,000 ($57.81/SF) 1% Cap Rate
Investment Highlights
- First Commerical Property at North End of Clatskanie Proper
- High Visiblity for local and passerby highway traffic
- Long-Standing History in the Community
Executive Summary
1 long term MTM tenant. Grannis Square greets as the first commercial improvement/property on the north side of Clatskanie. It has long been held by its owners and seen thousands of passerby over the years. This is its first public offering for sale as-built. It boasts hundreds of feet of highway frontage and significant visibility from all around. The location is very unique with approximately 235' of Columbia River Hwy frontage to the west and Clatskanie River frontage to the east. The building has some build out from previous tenants that makes for move-in ready units, but also has many mostly original areas inside and out. Original areas being the opportunity for new owners to improve themselves or perhaps attract tenants eager to personalize very specifically to suit their business needs. It should continue to attract a wide-range of tenants from office and retail, to commercial and the most popular personal and food service businesses. The potential is here to grab a timeless location, make it better, make it yours and grow with an incredible town into its next eras. Address is WEST Columbia River Hwy.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
6,902 SF
Building Class
C
Year Built
1920
Price
$399,000
Price Per SF
$57.81
Cap Rate
1%
NOI
$3,990
Percent Leased
15%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.66 AC
Zoning
CL:C-1 - https://codelibrary.amlegal.com/codes/clatskanieor/latest/clatskanie_or/0-0-0-2948
Parking
28 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
235’ on Columbia River Highway
Amenities
- Waterfront
- Wheelchair Accessible
- Monument Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 0501074080310030000 | Improvements Assessment | $177,260 |
| Land Assessment | $391,930 | Total Assessment | $569,190 |
Property Taxes
Parcel Number
0501074080310030000
Land Assessment
$391,930
Improvements Assessment
$177,260
Total Assessment
$569,190
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350 W Columbia River Hwy
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