An associate firm is pleased to present a Residential Care Facility that consists of two separate structures on three parcels in historic Oregon City. The first house was constructed in 1925 as a six-bedroom, 7,708-square-foot residence for the founder of the Oregon City Hospital. The building has a poured-in-place concrete foundation, stout old-growth Douglas Fir framing, and is finished in stucco with a tile roof.
The Residential Care Facility was constructed in 1930 as the Oregon City Hospital. The building is 29,196 square feet on three levels. Similar to the original residence, the hospital sits on a poured-in-place concrete foundation, with old-growth Douglas Fir framing, stucco exterior, and tile roof. The foundation, framing, and roof structure are in excellent condition. The building has been stripped of its interior lath and plaster walls to prepare for reconstruction of the interior. Backbone plumbing systems can still be utilized. Electrical systems will need to be upgraded to current standards. The location and zoning support several uses such as senior assisted living and a residential care facility. The property has easy access to McLoughlin Boulevard, Main Street, and Interstate 205.
Investment Highlights:
•Excellent downtown Oregon City location
•In Qualified Opportunity Zone
•Flexible zoning allows for senior living
•Footings, foundation, and framing are in excellent condition.
•Reduce construction cost risk utilizing existing shell and infrastructure

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