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Listed by Tim Lyman Real Estate, LLC
$275,000
Est. payment /mo
2,280 SqFt
Active
4559 LEIF ERIKSON DR Astoria, OR 97103
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Key Details
Property Type Commercial
Sub Type Live Work Unit
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $120
MLS Listing ID 234171407
Year Built 1926
Annual Tax Amount $2,908
Property Sub-Type Live Work Unit
Property Description
Perfect for live/work. Right next door to Alderbrook park, so it's like having a 1/2 acre yard complete with public gardens and rarely used basketball court. It's not for the faint of heart, but the upside is HUGE. No water intrusion except for rear lean to and around side door. Dry basement. No roof leaks. No roof sag. Level floors. Outdoor space for patio service. Full 960 sft basement with 7.75 foot ceiling. OK to use as Deli/coffee shop per city 2015. Off street parking available, but not required per city 2015. Will need roof, paint, rear lean to repair, east side sole plate repair/replacement, and some foundation work. Estimates for all this work come in at about $110k. My best guesstimate for all work to rehab is about $165k, as long as you don't want granite countertops, inch thick real wool carpets, and gold plated bath fixtures. Estimated value after rehab - $700k. Listing broker is owner. I'd really love to keep this, but I've got two other rehab projects and a retirement house to build, so something has to go!
Location
State OR
County Clatsop
Area _180
Zoning C-1
Interior
Heating Baseboard
Cooling None
Exterior
Roof Type Composition
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash
Listing Terms Cash

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