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Listing provided courtesy of Smi Real Estate: 503-390-6060.

120 S Center

Sublimity, OR 97385
  • $630,000
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 798336
$630,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of Smi Real Estate: 503-390-6060. Listing information © 2022 Willamette Valley Multiple Listing Service



Description

Great new investment opportunity! One of very few professional office spaces in Sublimity which makes vacancies easy to fill up. Current tenants have leases in place through 2025 with no rent bumps in place for that period. Tenants pay all utilities, owner pays taxes, insurance and exterior maintenance. The building was designed as 4 separate offices, right now it is split between two tenants. This is a stable investment with a history of low vacancy and high-quality construction.

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© 2022 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2022-11-30T00:08:50.503.
www.suelongrealty.com/homes/133494933
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120 S Center Sublimity, OR 97385

  • Price: $630,000
  • Status: Active
  • On Site: 62 Days
  • MLS #: 798336
0
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighborhood:
90 MARION COUNTY
County:
Marion
Area:
90 MARION COUNTY
Property Description
Great new investment opportunity! One of very few professional office spaces in Sublimity which makes vacancies easy to fill up. Current tenants have leases in place through 2025 with no rent bumps in place for that period. Tenants pay all utilities, owner pays taxes, insurance and exterior maintenance. The building was designed as 4 separate offices, right now it is split between two tenants. This is a stable investment with a history of low vacancy and high-quality construction.
Exterior Features

Access Paved Railroad No Roof Composition Siding Vinyl Signage Yes

Interior Features

Heating Central Ac

Property Features

Commercial Type Office Confidentiality Agreement Required No Cross Street Se Denny St Flood Plain No High Speed Comm Access Available New Construction No Owner Managed Yes Owner Occupied No Possession Coe Property Name 120 S Center St Sublimity Property Use Type InvestmentOwner-User Seller To Do1031 No Sewer City Source Of Square Feet County Suitable For Office Office Building Tax Amount 3200 Tenancy Multiple Terms Seller Will Consider CashConventional Water City Zoning C

© 2022 Willamette Valley Multiple Listing Service. All rights reserved.


© 2022 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2022-11-30T00:08:50.503.
 
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Keller Williams Mid-Willamette
1121 NW 9th St.
Corvallis OR, 97330
Listing provided courtesy of Smi Real Estate: 503-390-6060. Listing information © 2022 Willamette Valley Multiple Listing Service