Prime Commercial Frontage on Burnside – Delivered Vacant!
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Property with High Visibility offers Multiple Possibilities
Prime Commercial Real Estate Opportunity on High-Traffic Burnside Corridor
(Vacant at closing)
This exceptional 4,436 square foot commercial property offers unparalleled visibility and flexibility on Gresham's bustling Burnside Corridor, the primary route between Portland and Mount Hood. Built in 1987 and meticulously maintained, this well-positioned retail building will be delivered vacant at closing.
Property Features:
• 135 feet of prime street frontage ensuring maximum visibility
• Main building with basement for storage, attic space, and flexible layout
• Two office spaces and two bathrooms (one ADA compliant)
• Retail/parts area adaptable for various business concepts
• Service area with two 10x12 garage doors ideal for indoor/outdoor operations
• Moveable walls throughout for customizable space configuration
• Three additional buildings on 0.56 acres
• Zoned DCL-Downtown Commercial Low Rise
Location Advantages:
Situated in Gresham's thriving commercial district surrounded by restaurants, car dealerships, banks, grocers, and diverse retail establishments. The property benefits from consistent high-traffic flow and excellent accessibility.
Financial Overview:
• Asking Price: $2,250,000 ($4,436 per square foot)
• Net Operating Income: $108,000
• Annual Property Taxes: $13,694
• Average Utilities: $10,800
• Seller financing available up to 30%
Versatile Development Potential:
The flexible design and zoning accommodate numerous business concepts including automotive services, food service operations, retail establishments, or mixed-use developments. The basement provides cold storage capabilities, while the service area with garage doors offers unique indoor/outdoor possibilities.
Neighboring businesses include a dental office, mortgage company, and restaurant, creating a diverse commercial environment. The retiring owner has maintained this property exceptionally well, presenting a turnkey opportunity for the next investor.
Conventional financing, cash purchases, and owner financing options available. Quick 30-day closing possible.
(Vacant at closing)
This exceptional 4,436 square foot commercial property offers unparalleled visibility and flexibility on Gresham's bustling Burnside Corridor, the primary route between Portland and Mount Hood. Built in 1987 and meticulously maintained, this well-positioned retail building will be delivered vacant at closing.
Property Features:
• 135 feet of prime street frontage ensuring maximum visibility
• Main building with basement for storage, attic space, and flexible layout
• Two office spaces and two bathrooms (one ADA compliant)
• Retail/parts area adaptable for various business concepts
• Service area with two 10x12 garage doors ideal for indoor/outdoor operations
• Moveable walls throughout for customizable space configuration
• Three additional buildings on 0.56 acres
• Zoned DCL-Downtown Commercial Low Rise
Location Advantages:
Situated in Gresham's thriving commercial district surrounded by restaurants, car dealerships, banks, grocers, and diverse retail establishments. The property benefits from consistent high-traffic flow and excellent accessibility.
Financial Overview:
• Asking Price: $2,250,000 ($4,436 per square foot)
• Net Operating Income: $108,000
• Annual Property Taxes: $13,694
• Average Utilities: $10,800
• Seller financing available up to 30%
Versatile Development Potential:
The flexible design and zoning accommodate numerous business concepts including automotive services, food service operations, retail establishments, or mixed-use developments. The basement provides cold storage capabilities, while the service area with garage doors offers unique indoor/outdoor possibilities.
Neighboring businesses include a dental office, mortgage company, and restaurant, creating a diverse commercial environment. The retiring owner has maintained this property exceptionally well, presenting a turnkey opportunity for the next investor.
Conventional financing, cash purchases, and owner financing options available. Quick 30-day closing possible.
About the Property
- Type
- Retail
- Building Status
- Established
- Facilities & Assets
- High Traffic Count: Unbeatable visibility on the Burnside corridor. Building will be vacant at closing. 75 paved spaces (Ideal for Sales/Food Cart Pod)Two 10'x12' Garage Doors. Full basement, large loft/attic, + 4 movable outbuildings. Meticulously maintained. Updated HVAC, new windows, fresh exterior paint, and recently paved lot. The main building is a solid cement structure with updated HVAC and windows, ready to be converted into a kitchen, bar, or indoor retail space. W/ two 10'x12' roll-up doors, easily create an indoor/outdoor flow.
- Location Description
- Burnside Corridor of Gresham is the path between Portland and Mt Hood. Very highly trafficked with restaurants, car dealerships, bank, grocers and multiple retail businesses.
- Current and Prior Use
- Will be vacant at closing- can close within 30 days. It is zoned DCL-Downtown Commercial Low Rise.
- Year Built
- 1987
About the Sale
- Furniture, Fixings and Equipment
- Included in Asking Price
- Financing
- Conventional, Cash, Possibility of Owner Financing up to 30%.
- Current Property Expenses
- Property Taxes: $13,694 Avg. Utilities:$10,800Insurance etc. dependent upon usage.
Listing Info
- ID:
- 2410632
- Listing Views:
- 569
Attached DocumentsAttachment Disclaimer
Business Location
Listing ID: 2410632 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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