Bought with Pacific Crest RE Advisors
$829,000
$849,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
5,855 SqFt
SOLD DATE : 01/13/2025
Key Details
Sold Price $829,000
Property Type Commercial
Sub Type Light Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,855 sqft
Price per Sqft $141
MLS Listing ID 24034855
Sold Date 01/13/25
Year Built 1980
Annual Tax Amount $4,874
Tax Year 2023
Lot Size 0.280 Acres
Property Description
Fantastic commercial/industrial building one block off McMinnville's award winning historical downtown 3rd Street. This steel building features heavy power, upgraded water service, paved and fenced parking along with 2 ADA restrooms. Current tenant has 2 years remaining on lease with an option to renew for an additional 5 years. This is a solid investment property with a long term tenant and NNN lease in place. Potential exists for an owner user option as well in the future.
Location
State OR
County Yamhill
Area _156
Zoning M-2
Interior
Heating Wall Heater
Cooling None
Exterior
View City
Roof Type Metal
Garage No
Building
Story 2
Sewer Public Sewer
Water Public Water
Level or Stories 2
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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