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 6.58%. $5850 NNN Lease in place.
View full listing details| Price: | $1,050,000 |
| Address: | 1822 21st Ave |
| City: | Forest Grove |
| County: | Washington |
| State: | Oregon |
| Zip Code: | 97116 |
| MLS: | 24137447 |
| Year Built: | 1994 |
| Square Feet: | 5,055 |
| Acres: | 0.36 |
| Lot Square Feet: | 0.36 acres |
| roof: | Flat |
| sewer: | Public Sewer |
| viewYN: | no |
| cooling: | Central Air |
| country: | US |
| heating: | Forced Air |
| stories: | 1 |
| taxYear: | 2024 |
| cCandRYN: | no |
| coolingYN: | yes |
| heatingYN: | yes |
| photo1Url: | https://www.rmlsweb.com/webphotos/24100000/30000/7000/24137447-1-a.jpg |
| priceType: | List Price |
| currentUse: | Other, Professional Service |
| directions: | R SW Fern Hill Road,L18th Avenue, R on Hawthorne Street, R on 19th Avenue, to property. |
| bankOwnedYN: | no |
| grossIncome: | 70200 |
| leaseAmount: | 5850 |
| openHouseYN: | no |
| shortSaleYN: | no |
| waterSource: | Public Water |
| businessName: | CMH PG LLC |
| daysOnMarket: | 208 |
| hotSheetDate: | 2025-04-02 |
| listAgentKey: | 44524 |
| listingTerms: | Cash, Conventional, Other |
| lotSizeRange: | 15, 000 to 19, 999 SqFt |
| mlsAreaMajor: | Hillsboro, Forest Grove |
| onMarketDate: | 2024-10-11T00:00:00+00:00 |
| parcelNumber: | R423072 |
| parkingTotal: | 10 |
| roadFrontage: | 125 |
| saleIncludes: | Building, Land |
| ceilingHeight: | 10 |
| listOfficeFax: | 503-444-9008 |
| listOfficeKey: | 107969 |
| listingService: | Full Service |
| occupancyTypes: | Leased |
| otherEquipment: | Smoke Detector, Sprinkler |
| standardStatus: | Active |
| truckDoorTotal: | 1 |
| fuelDescription: | Electricity, Gas |
| parkingFeatures: | On Site, On Street |
| roadSurfaceType: | Concrete, Paved |
| sourceSystemKey: | 24137447 |
| taxAnnualAmount: | 1106.87 |
| yearEstablished: | 1994 |
| leaseEquipmentYN: | no |
| sourceSystemName: | Regional Multiple Listing Service, Inc. |
| existingLeaseType: | 1 - 5 Years Remaining, NNN |
| listAgentLastName: | Riddle |
| listMainOfficeKey: | 107969 |
| listingKeyNumeric: | 24137447 |
| lotSizeDimensions: | 125x125 |
| lotSizeSquareFeet: | 15681 |
| numberOfBuildings: | 1 |
| offerInstructions: | Call Seller's Agent |
| opportunityZoneYN: | no |
| originalListPrice: | 1100000 |
| previousListPrice: | 1100000 |
| propertyCondition: | Existing |
| commercialFeatures: | Accessible Entrance, Inside Storage, Office, Outside Lighting |
| documentsAvailable: | Profit & Loss Statement, Rent Records, Tax Information |
| listAgentFirstName: | Allen |
| loadingInformation: | Loading |
| lotSizeDescription: | 15682 |
| propertyAttachedYN: | no |
| coListAgentLastName: | Dunn |
| coListMainOfficeKey: | 107969 |
| expirationDateLease: | 2027-12-31 |
| internetServiceType: | Cable, DSL |
| inventoryIncludedYN: | no |
| listAgentKeyNumeric: | 44524 |
| listingContractDate: | 2024-10-11T00:00:00+00:00 |
| streetNumberNumeric: | 1822 |
| taxLegalDescription: | See Exhibit "A" |
| coListAgentFirstName: | Scott |
| listOfficeKeyNumeric: | 107969 |
| originatingSystemKey: | 24137447 |
| thirdPartyApprovalYN: | no |
| truckDoorDescription: | At Grade Level |
| constructionMaterials: | Cement Siding |
| currentPriceForStatus: | 1050000 |
| originatingSystemName: | Regional Multiple Listing Service, Inc. |
| unreinforcedMasonryBldg: | Unknown |
| contractStatusChangeDate: | 2024-10-11T00:00:00+00:00 |
| internetAddressDisplayYN: | yes |
| listMainOfficeKeyNumeric: | 107969 |
| internetConsumerCommentYN: | yes |
| coListMainOfficeKeyNumeric: | 107969 |
| virtualTourUrlUnbranded3YN: | no |
| propertyRecordUpdateTimestamp: | 2025-05-07T09:23:36+00:00 |
| internetEntireListingDisplayYN: | yes |
