Damonian Pike

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Listing provided courtesy of Kohler Meyers O'Halloran Inc.- MLS# 23560222MLS Provider

1005 N MAIN AVEGresham, OR 97030

Commercial · 5,728 Sq. ft. | 0.35 Acres
$1,100,000 Active

1005 N MAIN AVE Overview

Time on Site:
1058 days
Visits:
32

Appointment only, Do not disturb occupents. Prime corner location with access from both Division & N. Main, across from Gresham High School. Fully renovated in 2023. The site & building offers great flexibility of use. Perfect corner for restaurant and/or drive-thru. Attractive office interior for an owner/user. Double lot offers ample 24 onsite parking spaces. Flexibility in current shorter term leases. Part of Historic Downtown Gresham Corridor. Corner monument sign.

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1005 N MAIN AVE Facts & Features

  • Type Commercial
  • Sq. ft. 5,728
  • Price/Sq.ft. $192
  • Lot 0.35 Acres

Details

General

Income/Expenses

  • Existing Lease Type: 1 - 5 Years Remaining,NNN
  • Gross Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 1923
  • Year Established: 1927

Business Information

  • Current Use: Office

Location/Region

  • Country: US
  • County Or Parish: Multnomah
  • MLS Area Major: 144 - Gresham, Sandy, Troutdale, Corbett

Rent/Lease Information

  • Lease Amount: 5800.0

Tax Information

  • Tax Annual Amount: 6726.42
  • Tax Year: 2024

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Conventional
  • Parcel Number: R253468
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: DCC

Interior

Building Interior

  • Building Area Total: 5728.0

General Information

  • Cooling: Central Air
  • Heating: Forced Air
  • Other Equipment: Security System,Smoke Detector
  • Stories: 2

Exterior

Parking Information

  • Parking Features: On Site,Paved
  • Parking Total: 24.0

Lot Information

  • Lot Size Acres: 0.35
  • Lot Size Area: 15,000
  • Lot Size Square Feet: 15246.0
  • Number Of Buildings: 1
  • Road Surface Type: Paved
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Cement Siding,Concrete,Full Basement
  • Roof: Composition

General Information

  • Sewer: Public Sewer

1005 N MAIN AVE Neighborhood

Community

97030 (GRESHAM) Demographics

36
Median Age
5,108
Population Density (per sq. mile)
34%
College Educated
$53,700
Estimated Median Income
6,328
Estimated Total Home Owners
8,650
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1005 N MAIN AVE Market Data

Based on the last 30 days in this zip code

$397,409
Average List Price
$258
Average Price per Square Foot
23
Properties Sold
77
Average Days on Market
119
Properties for Sale
Calculations provided by Reliance Network

1005 N MAIN AVE History

Date Event Value Agent
8/26/2024Source: Regional MLS Price Reduction
$1,100,000 -18.5%
6/3/2024Source: Regional MLS Price Reduction
$1,350,000 -10.0%
11/28/2023Source: Regional MLS Status Change
Active
11/14/2023Source: Regional MLS Status Change
Pending