McMinnville OR Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
3,800
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1943
Baths:
MLS#:
24449326

ADDITIONAL INFORMATION

Exceptional Investor Opportunity: 3,800 SF Office Building in McMinnville, OR. This modernized property offers prime office space ideal for multiple tenants. Your purchase of this building includes several office suites with private exterior entrances, perfect for subleasing and generating rental income. There is one large area that is currently used for church services, and would make for a wonderful preschool class room, or other use. The current owner is open to leasing the upper level, providing an immediate revenue stream. The building also features a shared updated kitchen, an ADA-compliant restroom, ample natural light, updated flooring, fresh paint, and 14 dedicated parking spaces. Recently updated with a new roof, it includes a versatile outdoor area that can be fenced for recreational or dining use. Located in a rapidly growing area of McMinnville, this property is highly desirable for both investors and business owners. Don’t miss this rare chance to secure a prime asset in an up-and-coming location. Schedule your private showing today!

Type:
Office
Sq.Ft.:
17,000
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1945
Baths:
MLS#:
23225891

ADDITIONAL INFORMATION

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%

Type:
General Commercial
Sq.Ft.:
7,728
Status:
Active
Beds:
n/a
Lot size:
4.2 Acres
Year built:
2007
Baths:
MLS#:
23135749

ADDITIONAL INFORMATION

Rare investment opportunity in fantastic location! 4.2 acres bordering Hwy99, zoned light industrial. Gated, fenced acreage boasts charming pond w/recreation shed, lighted sand volleyball court, expansive gravel lot for extensive parking/storage, two large barns/outbuildings, office, silo, cross-fenced pastures, paddocks & livestock sheds. 2007 manufactured home w/3 bdrms, 2 baths, 1512 sqft & pool. 1999 home w/2 bdrms, 2.5 baths & 1056 sqft.

Type:
Office
Sq.Ft.:
5,545
Status:
Active
Beds:
n/a
Lot size:
0.35 Acres
Year built:
1950
Baths:
MLS#:
22098970

ADDITIONAL INFORMATION

Commercial site currently improved with 5,545 sf office building having great exposure on a corner site at NE 9th & NE Baker Street (Highway 99w NB) in McMinnville, a growing town popular with tourists and county seat in the middle of Oregon wine country. Mid-century medical-style office or retail space remodeled in the 80?s and more recently in 2018, including new 30-year membrane roof and newer HVAC. Configured as 2-4 suites w/reception desks, restrooms, exam rooms, offices and open areas, which provides flexibility for various uses. 16 on-site parking spaces with drive-through access. Suites: 995sf office, 1,608sf hair salon, and 1,442sf skin care (leased by owner's related business) with 1,500 sf vacant and available. Solid investment, great for owner-user.

Type:
General Commercial
Sq.Ft.:
7,356
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1954
Baths:
MLS#:
21415744

ADDITIONAL INFORMATION

Unique commercial building currently being used as winery production and tasting room by a tenant with three years remaining. Two blocks from busy 99W in McMinnville. C-3 zoning allows many potential uses. Property listing for sale of Real Property. Shown by appointment - 24 hour notice required. Too many features to list.

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Andrea Conner, License 201225347, Xome Inc., License 201213296, [email protected], 844-400-XOME (9663), 725 S. Main Street, Milton-Freewater, OR 97862


The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings sourced from RMLS™ of Portland Oregon 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 of Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.



McMinnville Real Estate

The median home value in McMinnville, OR is $499,900. This is higher than the county median home value of $470,600. The national median home value is $338,100. The average price of homes sold in McMinnville, OR is $499,900. Approximately 60.84% of McMinnville homes are owned, compared to 35.53% rented, while 3.63% are vacant. McMinnville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a McMinnville real estate agent to arrange a tour today!

McMinnville, Oregon has a population of 34,224. McMinnville is less family-centric than the surrounding county with 28.41% of the households containing married families with children. The county average for households married with children is 31.3%.

The median household income in McMinnville, Oregon is $58,692. The median household income for the surrounding county is $73,409 compared to the national median of $69,021. The median age of people living in McMinnville is 37.4 years.

McMinnville Weather

The average high temperature in July is 81.9 degrees, with an average low temperature in January of 34.6 degrees. The average rainfall is approximately 43.1 inches per year, with 3.3 inches of snow per year.

McMinnville Real Estate Market Conditions

  • Median sales price

    $499,900
    13.1% change since last quarter
  • # Active listings

    212
    30-day change

McMinnville Schools and Demographics

Education near McMinnville, OR

Metric City County
High School Graduates 88.11 90.12
College Degree - 2 year 9.7 9.27
College Degree - 4 year 26.81 28.43
Graduate Degree 7.55 7.03
Expenditures per Student 13,941 13,941
Students per Teacher 16.7 16.7

Elementary Schools near McMinnville, OR

School Grades Students P/T Ratio ZIP
Amity Elementary School KG - 05 353 18.1 97101
Columbus Elementary School KG - 05 511 19.3 97128
Dayton Grade School KG - 05 419 20.9 97114
Grandhaven Elementary School KG - 05 550 18.4 97128
Memorial Elementary School KG - 05 536 21.4 97128
Newby Elementary School KG - 05 515 19.8 97128
Sue Buel Elementary School KG - 05 527 17.7 97128
Wascher Elementary School KG - 05 384 18.6 97127
Yamhill Carlton Elementary School KG - 04 408 22.4 97111

Middle Schools near McMinnville, OR

School Grades Students P/T Ratio ZIP
Amity Middle School 06 - 08 198 18.9 97101
Dayton Junior High School 06 - 08 227 18.1 97114
Duniway Middle School 06 - 08 762 20.4 97128
Patton Middle School 06 - 08 779 19.8 97128

High Schools near McMinnville, OR

School Grades Students P/T Ratio ZIP
Amity High School 09 - 12 291 18.2 97101
Dayton High School 09 - 12 332 21.8 97114
McMinnville High School 09 - 12 2,055 21.4 97128

Ungraded Schools near McMinnville, OR

School Grades Students P/T Ratio ZIP
EOLA Hills Charter School KG - 12 52 8.7 97101
Perrydale School KG - 12 316 17.1 97101

Demographics near McMinnville, OR

Metric City County
Neighborhood Type Suburban
Population 34,224 107,024
Population Density 3,236 150
Median Age 37.4 39.1
People per Household 2.6 2.7
Median Household Income 58,692 73,409
Average Income per Capita 29,433 34,765