1904 ELM ST $850,000


    1904 ELM ST Forest Grove, OR 97116

    • 0.22 Acres
    • Commercial
    • Listing# 22122282
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    Views: 62 Days On Site: 80

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    Property Details

    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



    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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        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.