$560,000
$580,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
7,953 SqFt
SOLD DATE : 01/31/2025
Key Details
Sold Price $560,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,953 sqft
Price per Sqft $70
MLS Listing ID 220193238
Sold Date 01/31/25
Year Built 1947
Annual Tax Amount $8,344
Lot Size 0.540 Acres
Acres 0.54
Lot Dimensions 0.54
Property Description
Unlock consistent returns with this exceptional 10-unit mixed use commercial property, perfectly situated in a high-demand location. Zoned General Commercial, with an efficient 7953 square feet on .54 acres, this property boasts long-term, reliable tenants and a strong annual gross rental income of $72,900. With a competitive 7.5% cap rate, this is an ideal addition to any investor's portfolio. Whether you are looking for a steady cash flow or a sound investment in a thriving area, this property delivers it all. Do not miss out on this chance to own a versatile, income-producing asset! Schedule a private showing today.
Location
State OR
County Josephine
Direction Heading south on 6th Street, turn Left into Jason Plaza after passing NW Midland Ave.
Rooms
Basement None
Interior
Heating Baseboard, Forced Air, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Window Features Aluminum Frames
Exterior
Parking Features Parking Lot
Roof Type Composition
Building
Lot Description Level
Entry Level One
Foundation Slab
Water Public
Structure Type Block,Concrete
New Construction No
Others
Senior Community No
Tax ID R307764
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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