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$5,000,000
153 Days Online

435 NE Evans St
Mc Minnville, OR 97128

For Sale|Commercial|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 ?
Call Now: 971-255-9866
Is this the home for you? We can help make it yours.
971-255-9866
435 NE Evans St435 NE Evans St435 NE Evans St435 NE Evans St
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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 Online 
153 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
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
5 months agoListing first seen online
General Features
Construction 
BlockBrickConcrete
Sewer 
Public Sewer
Water 
Public
Parking Spaces 
6
Parking Features 
On Site
Attached Garage 
No
Garage Spaces 
6
Interior Features
Heating 
Mini Split
Cooling 
Other
Stories 
3
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Exterior Features
Parking 
On Site
View 
Yes
Roof Type 
Flat
Listing courtesy of Bradley King of Keller Williams Realty Portland Premiere ?



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 2024-04-28 05:10 PM PDT.

All information provided is deemed reliable but is not guaranteed and should be independently verified

Neighborhood & Commute
Source: Walkscore
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