US OR Clatsop Astoria MLS - Broker Listed Properties

175 W BOND ST Commercial $1,300,000 — Listed by Jennie Morisse, Premiere Property Group, LLC

Updated on Dec 6, 2023

Rare investment opportunity in the heart of scenic Astoria! This mixed-use commercial property... $1,300,000

Address 175 W BOND ST,Astoria,OR 97103
TypePurchase
Price$1,300,000
Bedrooms0
Bathrooms0
Living Area6,120 square feet
StatusActive
Listing Agent
(503) 670-9000
Office
1500 NW Bethany Blvd Ste 190
Beaverton, OR 97006
(503) 670-9000
Located in ASTORIA, OR
Rare investment opportunity in the heart of scenic Astoria! This mixed-use commercial property offers an ideal blend of commercial and residential spaces. The main level features two commercial tenants, providing a steady rental income stream. Additionally, there are three residential units, including a detached house, perfect for an owner occupant/investor. The property also includes a short-term rental unit, currently rented through VRBO, capitalizing on Astoria's booming tourism industry. Situated in a prime location, this property showcases the charm and beauty of Astoria, with its picturesque surroundings, historical landmarks, and access to outdoor recreational activities. The property boasts excellent visibility, high foot traffic, and easy access to local amenities, making it an attractive destination for residents, visitors, and businesses. The commercial spaces are well-maintained and leased to established tenants, ensuring stable income. The residential units offer modern amenities and are occupied by reliable long-term tenants, enhancing the property's cash flow potential. The detached house provides the option for an owner occupant to enjoy the comforts of a home while benefiting from the income generated by the other units. The short-term rental unit presents an additional revenue stream, taking advantage of Astoria's thriving tourism market. Investors, business owners, and developers will appreciate the diverse income streams and potential for future growth. Astoria's strong sense of community, cultural scene, and commitment to revitalization make it an excellent long-term investment.

    Taxes

  • $7,234

    • View types

  • City
  • River

    • General

  • Property type: Commercial
  • Property sub type: Other
  • Living area: 6120
  • Lot size: 0.13
  • Year built: 1910
  • Listing date: 2023-06-15
  • Listing title: Commercial - Astoria, OR
  • Architecture style: Other
  • Legal description: Instrument #201004809, Book 865 Page 562
  • Is new construction: no
  • Roof types: Composition Shingle

    • Listing Details

  • Mls name: Regional Multiple Listing Services
  • MLS Identifier: RMLSOR
  • MLS Number: 23438172
  • Provider name: Premiere Property Group, LLC
  • Provider Category: Broker
  • Property Type: Commercial
  • Property sub type: Other
  • Listing Category: Purchase
  • Office Key: RMLSOR-PPGR04
  • Office ID: PPGR04
Copyright © 2023 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
 

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