1514 Washington St, Oregon City

$750,000

0 Bed
0 Bath
2,228 Sqft
.45 Acre
0 Garage

Investor alert! Net leased medical office with 2 extra parking lots in Oregon City. 3 year lease with 3 options for tenant to renew for additional 3 year terms. Annual increases based on CPI. 6.67% CAP rate on actual income! Tenant has 30 days right of first refusal from seller's receipt of offer. Property in AE flood zone. Tenant pays flood insurance.

Essential Information
MLS® #21534131
Price$750,000
Square Footage2,228
Acres0.45
Year Built1925
TypeCommercial
Sub-TypeOffice
StatusActive
Community Information
Address1514 Washington St
CityOregon City
CountyClackamas
StateOR
Zip Code97045
Area

Oregon City, Beavercreek, Canby, Molalla, Mulino

Amenities
AmenitiesFenced, Inside Storage, Office
Parking Spaces17
ViewCity
Interior
HeatingForced Air
CoolingCentral Air Conditioning
# of Stories1
Exterior
Lot Description15K-19,999SF
Additional Information
Date ListedApril 8th, 2021
Days on Market244
ZoningMUD
Listing Details
OfficeCity and State Real Estate
Property History
Status Changed from Pending to ActivePrice Reduced from $800,000 to $750,000
Status Changed from Active to Pending
Status Changed from Pending to Active
Status Changed from Active to Pending
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Listing information last updated on December 8th, 2021 at 12:43am PST.