7338 Crater Lake, White City, OR 97503

$4,390,000

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List Price
$4,390,000
Status
ACTIVE
Days on Market
65
MLS#
220224874
Subtype
Commercial Sale
Year Built
1989
Lot Size
177,289
Acres
4.07

Property Description

Exclusively offered for sale - the Lakewood Shopping Center, a well-established, value-add neighborhood retail center on 4.07 acres on hard, signalized highway intersection in White City, OR (the ''Property''). The Property features two buildings totaling ±30,110 SF, including a ±28,154 SF multi-tenant retail building anchored by Dollar Tree with a strong mix of regional and national tenants, plus one available suite for lease-up potential. A separate freestanding ±1,956 SF restaurant building is leased to Umi Sushi with an existing drive-thru lane. An additional ±0.80-acre retail pad offers future development or expansion opportunities. Positioned on a signalized corner at the intersection of the region's two highest-traffic highways, the property benefits from exceptional visibility, three full-access driveways, & convenient customer access, all located within an OZ. Buyer to perform all due diligence. Significantly more info available upon request - see attached & contact brokers.

Additional Information

Taxes
$40,020
Zoning
C-G
Flooring
Concrete, Carpet, Tile, Vinyl
Heating
Electric, Natural Gas
Air Conditioning
Central Air, Heat Pump
Stories
One, Two
Levels
One, Two
Roof
Membrane
Foundation
Slab
Parking Features
Parking Lot, Asphalt

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Merit Commercial RE, LLC.

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