Property details
About 600 4th St
This is more than just an opportunity; this is an asset that'll keep paying out for years to come. Be an investor with these 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 baths with air-conditioning, washer/dryer hookup, balcony, and storage. The ground-level 4 unit retail/offices can be split from 2,000 sq-ft to 1,000 or even smaller to rent out, could be a hair salon, nails, chiropractic office, or accountant office, bring your dream and your ideas. The parking lot is also big enough to rent out to culinary food trailers/trucks. There is also an area on the south side of the parking lot that is approved for an 800sqft commercial building thats already plumbed for water and sewer.This is a "Gold Mine" of opportunity. Minutes from I-5, between Portland and Salem. Gervais is such a great community and has grown substantially in the last few years, having its own schools, Elementary up through High School. Seller is also willing to carry a contract on this for 20 years with a sizable down payment. The projected yearly gross income is over 300k. The estimated time of completion is July. Super easy access to I-5 in Woodburn, which is smack-dab in the middle between Portland and Salem. Don't let this phenomenal opportunity pass you by. I would do this if my wonderful wife would let me!
Highlights
Summary
- Basement: No
- Attached Garage: No
- Parking: Assigned, Paved
- View: City, Seasonal View
- Cooling: Wall Unit(s)
- List Price: $3,500,000
- Lot: Corner Lot, Level
- Directions: 3rd or 4th right next to City Hall.
- Year Built: 2025
- Stories: 3
- Lot Size: 0.46 Acres
- MLS Number: 594412183
- MLS Name: Regional Multiple Listing Service, Inc.
- Office Name: Premiere Property Group, LLC
- Office Phone: (503) 670-9000
- Listing Agent: Patrick Ledbetter, Greg Whistler
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.
The information on this web site is provided exclusively 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. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Last updated on: 6/7/2025, 1:00:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
600 4th St
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Price information
Property sales
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Tax history
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Nearby schools
2
Gervais Elementary School
Public District KG-5
0.2 mi
•150 Douglas Ave
3
Heritage Elementary School
Public District KG-5
2.3 mi
•440 Parr Rd
4
Nellie Muir Elementary School
Public District KG-5
2.9 mi
•1800 W Hayes St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $46,272. Residents of Gervais, OR typically earn between $35k-100k each year. The majority of families are married, with kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Hunting
Monster Trucks
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
Wal-Mart
Dollar General
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
New Country
Classic Country- Country
Frequently asked questions
About 600 4th St
The listing price of 600 4th St property is $3,500,000.
The property 600 4th St is a house located in Gervais, Oregon, 97026.
Active Listing: 600 4th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 600 4th St are: Gervais Elementary School (GreatSchools Rating 2/10), Heritage Elementary School (GreatSchools Rating 3/10), Nellie Muir Elementary School (GreatSchools Rating 4/10), Gervais Middle School (GreatSchools Rating 2/10), Valor Middle School (GreatSchools Rating 2/10), French Prairie Middle School (GreatSchools Rating 3/10), Gervais High School (GreatSchools Rating 6/10), Samuel Brown Academy (GreatSchools Rating 1/10), Frontier Charter Academy (GreatSchools Rating 8/10).
The property at 600 4th St has 0 bathroom.
The year of construction for 600 4th St is 2025.
This home is located at 600 4th St in Gervais, OR and zip code 97026. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $3,500,000.