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600 4th St, Gervais, OR 97026

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For Sale

$3,500,000

0.23 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

  • New Construction
    Age

Explore this Property

This is more than just an opportunity, this is an asset that'll keep paying out. 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, quartz countertops, stainless steel appliances, 2 bedroom 2 bath with air-conditionig, washer/dryer hook up, balcony and storage. The ground level retail/offices can be split from 2,000sqft to 1,000 or even smaller to rent out. Bring your dream and your ideas. Parking lot is also big enough to rent out to culinary food trailers/trucks. This is a "Gold Mine" of opportunity. Minutes from I-5, between Portland and Salem. Gervais is such a great community and has grown substantilly in the last few of years, having it's own schools Elementry up through High School. Seller is also willing to carry a contract on this for 20yrs with a sizable down payment. The projected yearly gross income is over 300k. Estimated time of completion is July.
MLS# 594412183

Courtesy Of Premiere Property Group, LLC

(503) 670-9000

Property Features

  • Age
    New Construction
  • Architecture Style
    Other
  • Lot Size
    0.23 Acres
  • View Type
    City

Map and Directions

Directions to 600 4th St, Gervais, OR 97026

Home seller CENTURY 21 North Homes Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North Homes Realty

(971) 205-6509
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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