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INVESTMENT HIGHLIGHTS
- Central downtown location in coveted DCC zoning
- Development opportunity for up to four floors with long, main-level storefronts
- Corner building with a second lot for parking
EXECUTIVE SUMMARY
Development opportunity in prime downtown Gresham location. DCC zoning-Downtown Commercial Core-a mixed-use district intended for higher-density development, including office, retail, and multi-family residential uses. The DCC district is designed to function as the city's commercial center, encouraging a vibrant and walkable downtown environment with specific design standards for new construction. The Downtown Plan District Design Manual, Section 4.1100, designates Main Avenue as "unique street". Two tax lots include 6,750-sf building on a 6,750-sf lot and a 5,000-sf parking lot.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,524 SF
Building Class
C
Year Built
1916
Price
$2,791,840 CAD
Price Per SF
$427.93 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.97
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
DCC - DCC allows a wide range of uses – retail, service, office and residential – for a vibrant sub-district that is active all day and much of the night.
Frontage
131’ on Main Ave
AMENITIES
- Corner Lot
- Restaurant
- Signage
- Air Conditioning
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $997,397 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$997,397 CAD
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129-137 N Main Ave
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