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1822 21ST AVE Forest Grove, OR $ 1,050,000
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1822 21ST AVE
$ 1,050,000
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1822 21ST AVE

Forest Grove, OR, 97116
$ 1,050,000
Bedrooms-- Baths-- Sq 5,055
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Property for Rent in Forest Grove, OR

for $1,050,000. This 5,055 square foot property was built in 1994 on a lot size of 0.36.

MAKE OFFER!!! This Over 5055 square foot building in the heart of Down Town Forest Grove and Pacific University. There are one occupant in the building for a good income. Street level opens to one occupant that is government agency. There are 10 designated parking spots in the back of the building and a loading dock. Fantastic Investment Property " Turn Key". All Plumbing, underground Plumbing, Electrical, HVAV systems, kitchen HVAC was newly installed in 2019 when the Whole Building was Remodeled. The building was Gutted to the Studs and Revamped.There was also a Cold Room installed in 2019 that is attached on the back of the building. Roof is newer. We encourage a drive by and walk around the building and grounds. Please do not disturb the tenants. Cap Rate 6.85%. $6025 Absolute NNN Lease in place.

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Rental Pending

Price

$ 1,050,000

Taxes

$ 1,106

Style

Commercial

Lot Size

0.36

Year Built

1994

Town/City

Forest Grove

County/Region

Washington

MLS | Web ID

24137447
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Roof Flat
Zoning TTC
Construction Materials CementSiding
Year Built 1994
Sale Includes Building Land
Stories Count 1
Property Subtype Commercial
Tax Year 2024
Current Use Other ProfessionalService
Parcel Number R423072
Gross Income 70200.0
Business Name CMH PG LLC
County Washington
Operating Expense 0
Property Type CommercialSale
HOA N
Status Pending
Directions R SW Fern Hill Road L18th Avenue R on Hawthorne Street R on 19th Avenue to property.
City ForestGrove
MLS Area _152
Lot Size Square Feet 15681.0
Listing Terms Cash Conventional Other
Tax Annual Amount 1106.87
Property Condition Existing
Lease Type YearsRemaining1to5 NNN
Standard Status Pending
Accessory Dwelling Unit Y/N N
Leasehold Rent $/Mo 5850.0
Legal Description See Exhibit A
Year Established 1994
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Exterior
Road Frontage 125
Parking Features OnSite OnStreet
Water Source PublicWater
Total Parking 10.0
Number of Buildings 1
Building Area Total 5055.0
Lot Dimensions 125x125
Lot Size Acres 0.36
Road Surface Type Concrete Paved
Other Equipment SmokeDetector Sprinkler
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Interior
Ceiling Height 10
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Internal Only
Street Number 1 1822
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* Excluded Features
List By
More Realty

Broker

503-740-3786

Contact

Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/3/2025$1,050,000 -4.55% Price Down
10/12/2024$1,100,000 Listed Price

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1822 21ST AVE, Forest Grove, OR, 97116 is a Property for Rent at $1,050,000 with 5,055 sqft and a lot size of 0.36. 1822 21ST AVE was built in 1994. The property's zip code is 97116 which is in Forest Grove, OR

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