OR > Mc Minnville
Mc Minnville, OR 97128,435 NE EVANS ST
Mc Minnville, OR 97128,435 NE EVANS ST
Mc Minnville, OR 97128,435 NE EVANS ST
Mc Minnville, OR 97128,435 NE EVANS ST
Mc Minnville, OR 97128,435 NE EVANS ST
Mc Minnville, OR 97128,435 NE EVANS ST
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Spencer And Mariah Crawford

Spencer And Mariah Crawford

Mariah Crawford

+1(503) 507-3666
Listed by Constant Commercial Real Estate Inc • 503-222-0282
$ 4,500,000
Est. payment | /mo

17,000 SqFt

Save
$ 4,500,000
Est. payment | /mo
Save

17,000 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 17,000 sqft

Price per Sqft $264

MLS Listing ID 294269816

Year Built 1945

Annual Tax Amount $11,321

Tax Year 2024

Lot Size 0.280 Acres

Property Sub-Type Office

Property Description

Fully restored and renovated historic downtown McMinnville NNN, multi-tenant office building presents a compelling investment opportunity characterized by stable, 100% occupancy. Significantly renovated down to the concrete and studs in 2017, this property features all-new, ultra-efficient systems, including energy-saving windows, modern Daikin mini-split HVAC units, cost-effective LED lighting, a comprehensive alarm and camera system all under a brand-new, durable 50-year PVC roof. All major systems are entirely replaced, including new above and underground plumbing and electrical infrastructure. 7 on-site parking spots and additional public parking garage across the street. The full triple-net (NNN) lease structure ensures a streamlined management experience with all operating expenses, including the low maintenance costs associated with the new systems, being fully absorbed by the tenants. Investors will appreciate the upside market rental rates, along with the benefit of primary tenancies generating tax-exempt income. Seller willing to carry attractive terms with large down payment.

Location

State OR

County Yamhill

Area _156

Zoning C3

Interior

Heating Mini Split

Cooling Mini Split

Equipment SecuritySystem, Sprinkler

Exterior

Roof Type Flat

Garage No

Building

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Others

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Regional Multiple Listing Service (RMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(503) 507-3666

spencer@vettruscrawfordrealty.com

2175 NW Raleigh St. Suite 110, Portland, OR, 97210, United States

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435 NE EVANS ST