77231 HIGHWAY 101Gardiner, OR97441

$795,000
3871 sq. ft
0.11 acres
SqFt5000to6999
Zoning: C2
80 days on market

VestorFilter™

Price per ft²$205.37/ft²
Price per acre$7.23M/ac
Time on market80 days

Property Description

Here is the perfect combination package for you! A triplex and a great commercial building. A Oregon Coast gallery/studio/commercial building which offers a work/live possibility with an apartment area. Customers enter into a charming gallery area with a separate office space and bathroom. Pass through to a large room with a big truck door and space for your imagination to fill. Move from there to a huge area for your production space. Past this area there is a kitchenette as well as another bathroom that could be used as a work/live space! Storage galore including a loft area with the potential for an additional 2000 sq. feet of loft area. There are wonderful high ceilings, 220 power and a heating system as well as a pellet stove. Prime Hwy 101 frontage with fabulous river views. Currently used as a Gallery and a welding shop. Then right next door you have a fully occupied triplex (Studios) which rent for $725 each. These bring in a nice annual income of approx $22,000. This combination of these two properties, with discounted pricing as a package, could be the right combination of income stream and business opportunity for you! Buyer to verify zoning/uses with the county as well as all due diligence.

{{ compliance-logo }}Listing Provided By Century 21 Best Realty, Inc.

Financial Data

Price ChangeIncreased $300,000 on 04/29/2024
Total $300,000 increase
Original Price$495,000
Current Price$795,000
Property Taxes$966

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Home Facts

StatusActive
Year Built1945
Stories1
MLS ID24561423