Description
One of a kind opportunity to own 7 clean and extensively remodeled income producing units exceeding a 6% CAP rate with lengthy Hwy 238 frontage near downtown Jacksonville, OR. The location garners over 9,100 vehicle trips per day and the seven units take up just a fraction of the 1.61 acres which can be further developed or divided. Earn $12,190 gross monthly income right now but plan to create additional commercial, residential, or mixed unit opportunities in the future! All three legal lots including the seven units, totaling 7,144 sf, and the open developable space are offered together at the listed price. Development analysis report available. This is the last remaining parcel of land, over 1 acre, within the Jacksonville city limits that is zoned for commercial development.
Location
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Listing Agent: John Steinbergs Courtesy of: Gateway Real Estate © 2022 Oregon Datashare (KCAR | MLSCO | SOMLS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Oregon Datashare. Real estate listings held by IDX Brokerage firms other than MLS of Central Oregon are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. The consumer will not copy, retransmit nor redistribute any of the content from this website. Information provided is deemed reliable, but not guaranteed. Updated: 17th May, 2022 1:12 PM (UTC)
