Car-Dependent

47700 NW SUNSET HWY

Banks, OR 97106


$625,000

Open House Dates

COMM
1,315 sqft
MLS
18245998
Start making money from day 1. This building is currently leased to a marijuana dispensary. The current lease is profitable. Lease is $6000 a month, going up to $7000 in May and progressively goes up $1000 year from there. The last year you will bring in $9000 a month and own an awesome building in a great location right along Sunset Highway heading to the coast. This is a great opportunity for some passive income!
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Team DeLay  

Brokers, Licensed in Oregon

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Property Details
Price
$625,000
Sub Type
Commercial
Square Feet
1,315
Levels
1
Year Built
1930
Acres
0.57
Garage Spaces
12
Lot Square Feet
20,000
Location
County:
Washington
Status:
Active
Estimated Taxes:
$1,204
Listing Office:
Welcome Home Realty
Listing Last Updated:
January 4, 2018 9:11 PM

 Interior
Interior
Heating
Zonal
Fuel
Electricity
Cooling
Window

 Exterior
Exterior
Roof Type
Flat
Construction
T-111 Siding

 Lot & Land
Lot & Land
Acres
0.57
Zoning
RC
Sewer
Septic Tank
Water
Well
present use
Other
Retail


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Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.

Assessments are monthly fees such as Home Owners Association(HOA) Fees etc... Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed.

Information deemed reliable but subject to change without notice. Qualified buyers only, subject to credit approval. This is not a commitment to lend. Consumer Loan License NMLS-3240, CL-3240.


In association with our #1 preferred local lender, Directors Mortgage, Hasson Company, Realtors® is able to provide a full spectrum of financial services, from online pre-approval to offering a guiding hand throughout the entire home buying process.


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Listing Courtesy of

Welcome Home Realty

The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Hasson Company, Realtors® are marked with the IDX logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2015 RMLS™, Portland, Oregon.This property was last updated: January 4, 2018 9:11 PM

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