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Listed by Premiere Property Group, LLC
$ 599,900
Est. payment | /mo
2,304 SqFt
$ 599,900
Est. payment | /mo
2,304 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $260
MLS Listing ID 520295056
Year Built 1960
Annual Tax Amount $3,028
Tax Year 2024
Lot Size 6,098 Sqft
Property Sub-Type Commercial
Property Description
estaurant Building & Land on Commercial Corner – Highway 99 Grill, Harrisburg, ORExcellent investment opportunity featuring the well-known Highway 99 Grill on a prominent commercial corner in Harrisburg. This property benefits from a long-term tenant with stable occupancy and below-market rents, reflecting value based on a potential 10% cap rate.The building offers solid visibility and a loyal customer base, though parking is limited on site. Additional parking opportunities are available nearby to support growth and convenience.This asset is part of a larger multi-parcel portfolio, with potential to acquire up to an entire city block, offering significant strategic value for investors or developers looking to scale holdings in Harrisburg's commercial core.Please do not disturb tenant or customers.
Location
State OR
County Linn
Area _221
Zoning C-1
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage No
Building
Sewer Public Sewer
Water Public Water
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
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Don Johnson, PC
Principal Broker | Lic# 910900068