1822 21ST AVE

ForestGrove, 97116

  • Bed

  • Bath

  • 5055 SqFt

  • 273 DOM

  • Built: 1994

  • Status: Active

$1,050,000

Price cut: $50K (04-02-2025)

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1822 21ST AVE

ForestGrove 97116

$1050000

Price cut: $50K (04-02-2025)

  • Bed

  • Bath

  • 5055 SqFt

  • 273 DOM

  • Built: 1994

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

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.

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