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$5,000,000
360 Days On Site
435 NE EVANS STMcMinnville, OR 97128
For Sale|Office|Active
0
Beds
0
Full Baths
0
Partial Baths
17,000
SqFt
$294
/SqFt
1945
Built
County:
Yamhill
Listing courtesy of Bradley King of Keller Williams Realty Portland Premiere 5033138262
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Low vacancy, full triple net multi-suite office building. Fully rebuilt (before they opened 1-1-2017) from the studs with all new systems. This building has low maintenance costs which are fully absorbed by the tenants.The property is leased under market value with primary tenancies producing tax exempt rent. Average remaining lease length is 3.5 years with several having 60 month options. The property is estimated to produce $18,659 of net income per month, across 12 suites. Leases range from $1.07/SF to $1.60/SF. The building is currently priced at a true cap rate of 4.48%
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Listing Snapshot
Price
$5,000,000
Days On Site
360 Days
Bedrooms
N/A
Inside Area (SqFt)
17,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.28 Acres
Year Built
1945
MLS® Number
23225891
Status
Active
Property Tax
$10,688.84
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 months ago | Listing updated with changes from the MLS® | |
| 12 months ago | Status changed to Active | |
| 12 months ago | Listing first seen on site |
General Features
Acres
0.28
Additional Property Use
Medical/DentalOffice
Number Of Stories
3
Parking
On Site
Parking Spaces
6
Property Sub Type
Office
Security
Smoke Detector(s)
Sewer
Public Sewer
SqFt Total
17000
Zoning
C3
Interior Features
Cooling
NoneOther
Heating
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Exterior Features
Construction Details
BlockBrickConcrete
Roof
Flat
View
City
Waterview
City
Community Features
Financing Terms Available
CashConventional
MLS Area
_156
Roads
Paved
Listing courtesy of Bradley King of Keller Williams Realty Portland Premiere 5033138262
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2024 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
This content last updated on 2024-10-29 05:00 PM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is Copyright © 2024 RMLS™, Portland, Oregon. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.
This content last updated on 2024-10-29 05:00 PM PDT.
All information provided is deemed reliable but is not guaranteed and should be independently verified
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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