1504 Auction Catalog - page 37

35
OR FAX FORM ON PAGE 115 TO 503-242-1814
103
PUBLISHED RESERVE:
$180,000
LAST ASKING:
$324,428
SIZE:
8,125± Square Foot Building
ZONING:
C-4 -- Commercial
PROPERTY INSPECTION:
Date
Time
Sunday, October 25
11 a.m. to 1 p.m.
Sunday, November 8
11 a.m. to 1 p.m.
FINANCING:
None – All Cash
DESCRIPTION:
This 8,125± square foot, one-story commercial building, with full basement and five
store fronts, is located at the corner of 9th and Commercial Streets in the heart of the Downtown Historic
District of the Columbia River waterfront city of Astoria. It has a strategic location along Commercial
Street, which is the major one-way route through downtown Astoria east to Portland.
The building is vacant, and is listed as a historic structure by the City of Astoria Historic Landmarks
Commission, providing opportunity to a new owner for a 20% Federal Tax Credit for renovation, and a
special pre-renovation tax assessment for up to ten years.
The concrete and wood building was constructed in 1924 as the M + N Building, also known as the Mary
and Nellie Building, named for Mrs. Mary C. Flavel and her daughter Nellie Flavel.
Pacific Power and Light was the first, and primary, tenant, and remained at this location until 1971. Sears
also occupied the building until 1996.
Commercial Building in Downtown Historic District
Astoria, Oregon
9th Street
River Walk
Trolley Route
Spexarth Building
Flavel House Museum
Commercial Street
Auction Property
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