Monmouth, OR 97361,402 410 Clay ST
Monmouth, OR 97361,402 410 Clay ST
Monmouth, OR 97361,402 410 Clay ST
32
Listed by Windermere Willamette Valley
Bought with Non Rmls Broker
$2,110,000
$2,000,000
5.5%
Est.Price: ?

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22,231 SqFt

402 410 Clay ST Monmouth, OR 97361

Est. payment /mo
SOLD DATE : 01/26/2023

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Key Details

Sold Price $2,110,000

Property Type Commercial

Sub Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 22,231 sqft

Price per Sqft $94

MLS Listing ID 22400890

Sold Date 01/26/23

Year Built 1966

Annual Tax Amount $17,197

Lot Size 1.050 Acres

Property Description

One story fully occupied commercial buildings with 10 tenant spaces, 8 storefront retail suites, and two warehouse/storage spaces. In the heart of downtown and close to campus of WOU, main street commercial zoning with many commercial and residential uses. On over 1 acre of prime land, only 11 miles to Corvallis and Salem, and about 54 miles to Portland. Low in taxes, with significant upside in rental income in the coming years as well as a new sewage system update.

Location

State OR

County Polk

Area _167

Zoning MS

Interior

Heating Forced Air

Exterior

View Y/N false

Garage No

Building

Sewer Public Sewer

Water Public Water

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

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John Madding

Principal Broker | License ID: 201220304

+1(503) 724-2245

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