119 SW 7th St.
$750,000
119 SW 7th St., Redmond, OR 97756
For Sale
Mixed Use
Active
Last Updated: 03/13/2025
2,606 sqft
Building Size
0.26 acres
Lot Area
Details:
Building Size: 2,606 sqft
Lot Area: 0.26 acres
Year Built: 1948
Zoning: C2
MlsNumber: 220189025
Parking Spots: 8
Highlights:
- Annual Tax: $ 4649.05
- Sewer: City
- Water: City Water
Description:
Great income property! 2606 Sqft building on 11,500 sqft lot located in Redmond's Central Business/Commercial District. Existing tenant owns and operates a successful preschool. Additionally, the property has a 1600 sqft structure with 8 existing dry storage units and a 680 sqft garage/shop that are leased separately. A fee appraisal has been done and is available with the signing of an NDA. This property is a solid investment with a market derived capitalization rate of 6%.
Location
Gallery
