This dual use property is a wonderful investment opportunity in beautiful Fairview Village. Close proximity to I-84 makes it desirable for clients. Ability to collect income on main office space and ADU, or use for your own business. Front building is approximately 2700 sf of office space on 2 levels, 3 1/2 bathrooms, with space for reception area. ADU is 500sf with 1 bedroom 1 bath. Front building currently rented month to month but tenant would like to stay a year (will go if buyer wants space for own business). ADU currently leased until 4/2025. This property pencils out very well for investors. Larger space was converted from a residential home, but can easily be turned back into a residence.
The median home value in Fairview, OR is $354,500. This is lower than the county median home value of $478,700. The national median home value is $338,100. The average price of homes sold in Fairview, OR is $354,500. Approximately 52.73% of Fairview homes are owned, compared to 46.38% rented, while 0.88% are vacant. Fairview real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairview real estate agent to arrange a tour today!
Fairview, Oregon has a population of 10,439. Fairview is less family-centric than the surrounding county with 21.31% of the households containing married families with children. The county average for households married with children is 31.66%.
The median household income in Fairview, Oregon is $65,604. The median household income for the surrounding county is $76,290 compared to the national median of $69,021. The median age of people living in Fairview is 38.8 years.
The average high temperature in July is 80.6 degrees, with an average low temperature in January of 35.6 degrees. The average rainfall is approximately 44.5 inches per year, with 2.5 inches of snow per year.