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    24716 Territorial Hwy Monroe, OR 97456

    For Sale
    $900,000

    Versatile Warehouse & Office Space

    Property size:
    14,850 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 14,850 square foot commercial property in Monroe, Oregon, presents a unique investment opportunity. Situated on a 1.58-acre lot, this multi-use building offers a blend of warehouse, office, and light manufacturing space, perfectly suited for a variety of commercial applications. The property boasts approximately 1,500 square feet of office space, ideal for administrative functions or client meetings. An expansive 8,000 square foot warehouse features high ceilings and existing industrial storage racking, providing ample space for inventory or equipment storage. An additional area dedicated to light manufacturing is equipped with three-phase power, enhancing its versatility for various production needs. Adding to its unique appeal, the property includes an attached residential unit on the upper level, offering flexible options for on-site management, guest accommodations, or additional income potential. Located in Benton County, this rural commercial site provides easy access to key transportation routes, making it an attractive location for businesses seeking efficient logistics and distribution capabilities. The asking price for this exceptional property is $900,000. This is a rare opportunity to acquire a well-maintained, multi-functional commercial property with significant potential for growth and diverse applications. Don't miss out on this chance to own a truly versatile and valuable asset.

    Property Features for 24716 Territorial Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    14,850 SF
    Lot Size
    68,825 SF

    Building Details

    Year Built
    1950
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Hotel & Motel Auto Parts Store Kitchen & Bath Department Store Food Market Grocery Store Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Benton
    State
    Oregon
    Longitude
    -123.2967
    Latitude
    44.3094

    Nearby Comparable

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      Four homes and a converted skating rink on 16+ acres.
      96470 Highway 99, Junction City, OR 97448
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    • $599,900
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      Restaurant Building on Commercial Corner

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    Nearby Similar for Sale

    • $460,000
      3,400 SF

      Downtown Monroe Retail Opportunity

      Unique building in downtown Monroe with multiple potential uses.
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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Warehouse & Office Space
    Where is this commercial real estate located?
    The property is located at 24716 Territorial Hwy Monroe, OR.
    What is the asking price?
    The asking price for this property is $900,000.
    (541) 636-3666
    Request Owner's contact information
    24716 Territorial Hwy Monroe, OR 97456
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    Monroe, OR 97456
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24716 Territorial Hwy Monroe, OR 97456
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