175 W BOND ST Astoria, OR $ 1,300,000
175 W BOND ST
$ 1,300,000
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175 W BOND ST

Astoria, OR, 97103
$ 1,300,000
Baths0.0 Sq 6,120

Monthly Estimate*

$ 8,640

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Studio

Commercial Property for sale in Astoria, OR

for $1,300,000. This 6,120 square foot building was built in 1910 on a lot size of 0.13.

Rare investment opportunity in the heart of scenic Astoria! This mixed-use commercial property offers an ideal blend of commercial and residential spaces. The main level features two commercial tenants, providing a steady rental income stream. Additionally, there are three residential units, including a detached house, perfect for an owner occupant/investor. The property also includes a short-term rental unit, currently rented through VRBO, capitalizing on Astoria's booming tourism industry. Situated in a prime location, this property showcases the charm and beauty of Astoria, with its picturesque surroundings, historical landmarks, and access to outdoor recreational activities. The property boasts excellent visibility, high foot traffic, and easy access to local amenities, making it an attractive destination for residents, visitors, and businesses. The commercial spaces are well-maintained and leased to established tenants, ensuring stable income. The residential units offer modern amenities and are occupied by reliable long-term tenants, enhancing the property's cash flow potential. The detached house provides the option for an owner occupant to enjoy the comforts of a home while benefiting from the income generated by the other units. The short-term rental unit presents an additional revenue stream, taking advantage of Astoria's thriving tourism market. Investors, business owners, and developers will appreciate the diverse income streams and potential for future growth. Astoria's strong sense of community, cultural scene, and commitment to revitalization make it an excellent long-term investment.

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Commercial Active

Price

$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,234

Style

Commercial

Lot Size

0.13

Year Built

1910

Town/City

Astoria

County/Region

Clatsop

MLS | Web ID

23438172

Features
General
Sewer PublicSewer
Heating ForcedAir
Roof Composition
Zoning C-3
Construction Materials CementSiding ShakeSiding VinylSiding
Year Built 1910
Sale Includes Building Land
Stories 3
Property SubType Commercial
Tax Year 2022
Current Use MultiFamily ProfessionalService Salon
Gross Income 95188.0
County Clatsop
Operating Expense 16617.0
Property Type CommercialSale
Status Active
Directions Heading West on W Marine Dr turn Right on W Bond St to 2nd building on Right.
City Astoria
MLS Area _180
Lot Size Square Feet 5662.0
Street Name BOND
Listing Terms Cash Conventional
Tax Annual Amount 7234.01
Property Condition Approximately
Days on Market 350
Standard Status Active
Legal Description Instrument #201004809 Book 865 Page 562
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Exterior
Parking Features OnSite OnStreet
Water Source PublicWater
Total Parking 2.0
Number of Buildings 2
Building Area Total 6120.0
Lot Size Acres 0.13
Road Surface Type Paved
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Interior
Street Suffix ST
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Internal Only
Street Number 1 175
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* Excluded Features
List By
Premiere Property Group, Llc

Broker

listing@pacgrouphomes.com

Email

Affordability Calculator

$9,243
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,640
Monthly Property Taxes
$603
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/15/2023$1,300,000 Listed Price

Map


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175 W BOND ST, Astoria, OR, 97103 is a Commercial Property for sale at $1,300,000 with 6,120 sqft and a lot size of 0.13. 175 W BOND ST is a studio with 0.0 baths and was built in 1910. The property's zip code is 97103 which is in Astoria, OR