Bought with Non Rmls Broker
$2,400,000
$2,600,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
20,000 SqFt
SOLD DATE : 10/01/2019
Key Details
Sold Price $2,400,000
Property Type Commercial
Sub Type Light Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $120
MLS Listing ID 19672224
Sold Date 10/01/19
Year Built 1992
Annual Tax Amount $6,670
Tax Year 2018
Lot Size 1.470 Acres
Property Description
Rare opportunity to own a large light industrial clean building in McMinnville. Perfect 1031 exchange investment for a buyer. Income producing with a lease of $16,000 a month plus triple net, 3% yearly escalation.Office w/ 7 private rooms, conference room, bathrooms, small kitchen & reception room. 2 loading docs w/roll up doors.
Location
State OR
County Yamhill
Area _156
Zoning M-1
Interior
Heating Ductless
Cooling Other
Exterior
View Y/N true
View Territorial
Garage No
Building
Story 1
Sewer Septic Tank
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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