$ 4,500,000
-
$4,500,000
Price -
0
Bed - Bath
-
17,000
SqFt
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About the Listing CTCL01 - CCARLSON,WIDMANA
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.
Listing Highlights for 435 NE Evans St
Status
Active
Days on Site
116
Property Type
Commercial Sale
MLS ®
294269816
Year Built
1945
Total Square Footage
17,000
Lot/Acreage
0.28
County
Yamhill
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: Security System,Sprinkler
- Air Cond: MiniSplit
- Heating: Mini Split
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: C3
- Roof: Flat
- Others: Updated/Remodeled
- Sewer: Public Sewer
- Parking Features: Assigned,On Site
Financial Details
- Tax Amount: $11,321
- Taxes w/Assessments: N/A
- Tax/Property ID: 159651
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
435 NE Evans St McMinnville, OR 97128
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