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$1,790,000 -$210,000 (-10.5%) Price Reduced

  • For Sale
  • Active
  • Commercial Service
  • Updated 4 hours ago
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Development opportunity in prime downtown Gresham location. DCC zoning-Downtown Commercial Core-a mixed-use district intended for higher-density development, including office, retail, and multi-family residential uses. The DCC district is designed to function as the city's commercial center, encouraging a vibrant and walkable downtown environment with specific design standards for new construction. The Downtown Plan District Design Manual, Section 4.1100, designates Main Avenue as "unique street". Two tax lots include 6,750-sf building on a 6,750-sf lot and a 5,000-sf parking lot. Pictures 23-26 show examples for development potential through three existing buildings in the same zoning, featuring street-level storefronts and three additional stories of residential/office opportunities above.

Full Property Details for 129 N Main Ave

General

  • Price: $1,790,000
  • Taxes: $14,452 (2025)
  • Status: Active
  • Type: Commercial Service
  • Source: RWMLS
  • MLS ID: 571411867
  • Updated: 7/7/2026
  • Added to Site: 264 day(s) ago

Parking

  • Total Spaces: 10
  • Parking Features: On Site, On Street

Location

  • County: Multnomah
  • Driving Directions: Gresham Powel Blvd, North on N Main Avenue to corner property with NW 2nd Street

Community

  • Community Name: 144 - Gresham, Sandy, Troutdale, Corbett

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • # Buildings: 1
  • Property Detached: Yes
  • Roof: Flat
  • Stories/Levels: 1
  • Square Feet: 6,750
  • Current Bldg. Use: Other, Restaurant
  • Year Built: 1916
  • Property Condition: Existing

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,196
  • Lot Size: 10, 000 to 14, 999 SqFt
  • Lot Dimensions: 75' x 90' and 50' x 100'
  • Frontage: Paved

Financial Considerations

  • Tax Amount: $14,452.7
  • Tax Year: 2025
  • Terms: Cash, Contract, Conventional, Other

Disclosures and Reports

  • Legal Description: METZGERS ADD, BLOCK 2, LOT 6, N 1/2 OF LOT 7
  • Property ID: R217823

Listed by eXp Realty, LLC (888) 814-9613, Bela Barany (503) 504-0209 and eXp Realty, LLC (888) 814-9613, John Tzantarmas (503) 869-5936

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Listing agents

— 129 N Main Ave —

  • Bela Barany

    eXp Realty, LLC

    888-814-9613

  • John Tzantarmas

    eXp Realty, LLC

    888-814-9613

503-504-0209

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 129 N Main Ave

School District:Gresham-Barlow School District 1j
NameGradesDistance
Dexter Mccarty Middle School
1400 Southeast 5th Street, Gresham, OR 97080
6-80.8 mi
Gresham High School
1200 North Main Avenue, Gresham, OR 97030
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 129 N Main Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Price Reduced
$1,790,000
-10.5%
MLS
10/16/2025
Listed
$2,000,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 129 N Main Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,718
4%
$624,960
3%
2024
$12,174
10%
$606,760
3%
2023
$11,091
6%
$589,090
6%
2021
$10,510
-3%
$555,290
-3%
2022
$10,781
3%
$571,940
6%
2021
$10,510
9%
$539,120
3%
2019
$9,630
5%
$523,420
3%
2018
$9,182
4%
$508,180
3%
2017
$8,809
13%
$493,380
3%
2016
$7,767
2%
$479,010
3%
2015
$7,599
2%
$465,060
3%
2014
$7,414
3%
$451,520
3%
2013
$7,211
—
$438,370
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by eXp Realty, LLC (888) 814-9613, Bela Barany (503) 504-0209 and eXp Realty, LLC (888) 814-9613, John Tzantarmas (503) 869-5936

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129 N Main Ave, Gresham, OR 97030 (MLS# 571411867) is a Commercial Service property. 129 N Main Ave is currently listed for $1,790,000 and was received on October 16, 2025. Want to learn more about 129 N Main Ave? Do you have questions about finding other Commercial Service real estate for sale in Gresham? You can browse all Gresham real estate or contact a Coldwell Banker agent to request more information.

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