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129-137 N Main Ave 6,524 SF Retail Building Gresham, OR 97030 $2,518,530 CAD ($386.04 CAD/SF)
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
Established business or new 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, R217823 and R217822, include 6,750-sf building on a 6,750-sf lot and the adjacent 5,000-sf parking lot.
Currently used as a well-established restaurant and bar with lottery business and loyal patrons. All licenses are current.
Currently used as a well-established restaurant and bar with lottery business and loyal patrons. All licenses are current.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
6,524 SF
Building Class
C
Year Built
1916
Price
$2,518,530 CAD
Price Per SF
$386.04 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
Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R217823 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $887,962 CAD |
Property Taxes
Parcel Number
R217823
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$887,962 CAD
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129-137 N Main Ave
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