1904 ELM ST Forest Grove, OR 97116

Active

$850,000

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0.22 Acres
Commercial
Listing# 22122282

Listing provided courtesy of: MORE Realty

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Views: 62 Days On Site: 80

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Property Details

Description

Forest Groves Premiere Location with High Traffic Volume Opportunity. Portfolio Sale with the Bike Shop business and Inventory, 4762 square foot building with 6 Fully Leased Suites, 8 Parking Spaces, Storage Shed. Front Elevation has a Inviting Lobby for Clients Waiting for Appointments. All Suites with Tenants that are been long term. All lower Suites have outside entrances and walking paths.Signage is on two streets and has thousands of views daily. Great Business Opportunity.

General Features
- Acres 0.22
- Area Hillsboro, Forest Grove
- Bank Owned Y/N No
- BusinessName Olsons Bikes
- Cooling Description Wall Unit(s)
- Country US
- Fuel Description Electricity
- Gross Income Actual 103640
- Heating Description Forced Air
- Net Income Actual 103640
- Occupancy Types Leased
- Operating Expenses Actual 0
- Sewer Description Public Sewer
- Short Sale Y/N No
- Stories 2
- Supplement Number 0
- Tax Amount 4158.65
- Terms Cash,Conventional,Contract
- Third Party Approval Y/N No
- Truck Door Total 0
- View Y/N No
- Water Description Public Water
- Year Built 1993
- Year Established 1993
- Zoning TCT
Building Features
- Buildings Total 1
- Construction Concrete,Crawl Space,Vinyl Siding
- Existing Lease Type Month To Month
- Garage Or Parking Spaces 8
- SqFt Approximate Gross 4762
- SqFt Approximate Lot 9583
- SqFt Approximate Office 4762
Room Features
- Lease Equipment Y/N No
- LeaseAmount 4470
- Legal Description FOREST GROVE, TOWN OF, BLOCK 14, LOT PT 1
- Limited Representation Y/N Full Service
- Loading Information No Loading Facilities
Property Features
- Equipment Fixtures,Smoke Detector
- Features Inside Storage,Office,Outside Lighting
- Lot Size 7,000 to 9,999 SqFt
- Lot Size Dimension 95x101
- Property Category Commercial Sale
- Property Restrictions1 None
- Property Type Commercial
- Road Surface Concrete,Paved
- RoadFrontage 190
- Roof Type Metal
- Sale Includes Building,Business,Land

Contact

Neighborhood

97116 (Forest Grove) Demographics

35 Median Age

377 Population Density (per sq. mile)

35% College Educated

$65,911 Estimated Median Income

5,892 Estimated Total Home Owners

3,587 Estimated Total Renters

62% / 38% Estimated Owner / Renter Divide

3 Estimated Average Household Size

27,281 Total Population

Community data courtesy of LiveBy, Inc.

Market Last 30 Days In This Postal Code

$552,000 Median Sales Price

35 Homes Sold

74 New On Market

Average Days on Site

Properties for Sale

Calculations provided by Reliance Network

Property History

Date	Event	Price	Percent Change
--	Current Price Source: Multiple Listing Service	New Value: $850,000
3/4/2022 1:06:00 AM	New in Database Source: Multiple Listing Service	New Value: $850,000

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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than MORE REALTY are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2022 RMLS™, Portland, Oregon. This content last updated on 5/23/2022 11:39:01 AM. Some properties which appear for sale on this site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX and listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.