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283 S Main St 4,050 SF Industrial Building Falls City, OR 97344 $643,793 CAD ($158.96 CAD/SF) 6.86% Cap Rate
INVESTMENT HIGHLIGHTS
- 40 Self-Storage Units (8'x12')
- Zoned Commercial Industrial
- Approx. 2 acres available for new construction
- Ideal for additional storage units, RV park spaces, and more.
EXECUTIVE SUMMARY
Income-generating Self-Storage Units with additional develop. opportunity on 5.5 acres. The property currently includes 40 self storage units with recent updates. Approximately 2 acres for additional development land. Zoned Commercial Industrial, this site is ideal for additional storage units and/or RV park spaces. A rare chance to build alongside existing income generating investment. Located adjacent to existing RV Park.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $643,793 CAD | Building Class | C |
| Price Per SF | $158.96 CAD | Lot Size | 5.53 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 4,050 SF |
| Cap Rate | 6.86% | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 2007 |
| Property Type | Industrial | Tenancy | Single |
| Zoning | CI - Commercial Industrial Uses: Manufacturing, repairing, compounding, processing, storage, wholesale distributing facility, warehouse, utility, and more. | ||
| Price | $643,793 CAD |
| Price Per SF | $158.96 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.86% |
| Sale Condition | Business Value Included |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 5.53 AC |
| Rentable Building Area | 4,050 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Tenancy | Single |
| Zoning | CI - Commercial Industrial Uses: Manufacturing, repairing, compounding, processing, storage, wholesale distributing facility, warehouse, utility, and more. |
PROPERTY TAXES
| Parcel Number | 295473 | Total Assessment | $221,550 CAD |
| Land Assessment | $44,069 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $177,482 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
295473
Land Assessment
$44,069 CAD
Improvements Assessment
$177,482 CAD
Total Assessment
$221,550 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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283 S Main St
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