600 4TH ST

Gervais, 97026

  • 2 Bed

  • 2 Bath

  • 2000 SqFt

  • 36 DOM

  • Built: 2025

  • Status: Active

$3,500,000

X

600 4TH ST

Gervais 97026

$3500000

  • 2 Bed

  • 2 Bath

  • 2000 SqFt

  • 36 DOM

  • Built: 2025

  • Status: Active

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Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

This is more than just an opportunity; this is an asset that'll keep paying out for years to come. Be an investor with these brand spanking new 8 apartments and 4-8 retail/business offices in downtown Gervais. Luxury Apartments are 1,000 sqft 9' ceilings and feature beautiful kitchens, LVP flooring, granite countertops, stainless steel appliances, 2 bedroom, 2 baths with air-conditioning, washer/dryer hookup, balcony, and storage. The ground-level 4 unit retail/offices can be split from 2,000 sq-ft to 1,000 or even smaller to rent out, could be a hair salon, nails, chiropractic office, or accountant office, bring your dream and your ideas. The parking lot is also big enough to rent out to culinary food trailers/trucks. There is also an area on the south side of the parking lot that is approved for an 800sqft commercial building thats already plumbed for water and sewer.This is a "Gold Mine" of opportunity. Minutes from I-5, between Portland and Salem. Gervais is such a great community and has grown substantially in the last few years, having its own schools, Elementary up through High School. Seller is also willing to carry a contract on this for 20 years with a sizable down payment. The projected yearly gross income is over 300k. The estimated time of completion is July. Super easy access to I-5 in Woodburn, which is smack-dab in the middle between Portland and Salem. Don't let this phenomenal opportunity pass this up.

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Residence Information

  • 2000

  • 2

  • 2

  • Composition

  • Assigned,Paved

  • 3

  • 2025

  • No

  • LapSiding

  • None

  • None

  • Slab

Features and Utilities

  • WallUnit

  • Electricity

  • WallHeater

  • PublicSewer

  • Electricity

  • Electricity

Financial

  • 520.9

  • MaintenanceGrounds

  • CallListingAgent,Cash,Contract,Conventional,FHA,OwnerWillCarry

  • 05-27-2025

  • No

  • No

Comparable Information

  • 36

  • 148

  • CallListingAgent,Cash,Contract,Conventional,FHA,OwnerWillCarry

  • $3,500,000

  • $3,500,000

  • Jul 02, 2025 10:54

Schools

Elementary : Gervais N/A Ratings
Middle : Gervais N/A Ratings
High : Gervais N/A Ratings

Map

Listing courtesy of Premiere Property Group, LLC.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Oct 22, 2025 14:41 | Listing last modified Jul 02, 2025 10:54. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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