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Flex Space with Warehouse
For Sale
$475,000

24716 Territorial Hwy, Monroe, OR 97456

Multi-use commercial building combining office, warehouse, light manufacturing, and an attached upper-level residential unit.

Property Size14,850 SF
Days on Market153

Property Features for 24716 Territorial Hwy

General Information

Standard status Active
Size 14,850 SF
Total Parking Spaces 20
Property subtype Commercial
Zoning RC

Taxes and HOA fees

Annual Taxes $3,774

Building Details

Building Size 14,850 SF
Year Built 1950
Buildings 1
Stories 2
Listing Agency: Triple Oaks Realty LLC
Listed By: Brent Cole · License #200607178
Source: Metanars
Added: Mar 31 Changed: Aug 29 Last Checked: Aug 25 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Triple Oaks Realty LLC

Investment Insights

Based on property information with market context.

This flex-space property at 24716 Territorial Hwy in Monroe, Oregon, combines office, warehouse, light-manufacturing, and residential components within a 1950 building. Approximately 1,500 square feet is configured as office space, while an 8,000-square-foot warehouse offers high ceilings and industrial storage rack. Additional area supports light manufacturing, with 3-phase power available.

An attached residential unit occupies the upper level and provides an additional use component within the property. The building’s combination of administrative, storage, distribution, manufacturing, and residential areas creates a varied commercial configuration in Benton County.

Key Highlights

  • 14,850 SF property with office, warehouse, light manufacturing, and attached residential components
  • Approximately 1,500 sq ft of office space
  • 8,000 sq ft warehouse with high ceiling and industrial storage rack

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Kitchen & Bath Showroom Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97456, OR

3,097
Population
1,243
Households
2.5
Avg Household Size
46
Median Age
25%
College-Educated
84%
High-School Grad
91.9 sq mi
ZIP Area
34
Density / Sq Mi
$66,250
Median Household Income
$37,416
Median Earnings
$1,189
Median Rent
$372,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-use commercial building combining office, warehouse, light manufacturing, and an attached upper-level residential unit.
Where is this flex space located?
The property is located at 24716 Territorial Hwy Monroe, OR.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 14,850 SF property with office, warehouse, light manufacturing, and attached residential components; Approximately 1,500 sq ft of office space; 8,000 sq ft warehouse with high ceiling and industrial storage rack
More about this property
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