1610 9th Ct, Hood River, OR, 97031

1610 9th Ct Hood River, OR 97031

1610 9th Ct, Hood River, OR, 97031
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Aug 19, 2024

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Highlights

  • Stable Long-Term Tenant - OREGON DHS
  • Sizeable Building: 13,810 SF on a 1.17-acre site
  • Prime Location: Heights Neighborhood in Hood River
  • Ample Parking: 60 spaces (4.34 per 1,000 SF)

Description

1610 9th Court is a prime commercial real estate investment opportunity located in the Heights neighborhood, an established business and medical office district in Hood River, Oregon. This professional office building, constructed in 1981, encompasses 13,810 SF of leasable space on a 1.17-acre site. The property boasts a strong, long-term commitment from its current tenant, the State of Oregon Department of Human Services, who has occupied the building since its construction. This property offers an excellent opportunity for investors seeking a stable income stream from a government tenant in a desirable location with potential for long-term growth and appreciation.

Please contact Rae Nomura or Hugh Holtman for more addtional information.

Located in Hood River, Oregon


Year Built: 1981
Building Size: 13086sq ft
Building Class: C
Lot Size: 1.18 acres

Map of 1610 9th Ct, Hood River, OR, 97031

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.