• Asking Price $1,300,000
  • 175 W BOND ST ASTORIA, OR 97103

  • 6,120 SqFt
  • Other / Resale (MLS)

Property Details for 175 W BOND ST, ASTORIA, OR 97103

Features

  • Price/sqft: $212
  • Lot Size: 3920 sq. ft.
  • Roof Type: FLAT
  • Heating: Forced Air Heating
  • Exterior Walls: Shingle (Not Wood)

Facts

  • Year Built: 01/01/1910
  • Property ID: 797301074
  • MLS Number: 23438172
  • Parcel Number: 22109
  • Property Type: Other
  • County: CLATSOP
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Property Brokerage: Premiere Property Group, LLC 1500 NW Bethany Blvd Ste 190 Beaverton OR 97006
Copyright © 2024 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.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.