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    Remodeled Commercial Space in McMinnville Title is generated by Realmo AI

    636 NE Baker St, McMinnville, OR

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    Versatile 3,887 SF space suitable for office or retail.

    Type:OFFICE
    Property size:
    3,887 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $255/SF
    Added:
    Mar 26, 2025
    Days on Market:
    459
    Last Refresh:
    May 20 at 8:11 pm

    Property Features for 636 NE Baker St

    General Information

    Standard status
    Active
    Size
    3,887 SF
    Lot size
    0.24 Acres
    Property subtype
    OFFICE

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    Mary Martin Miller

    Listing office Miller Consulting Group LLC

    Listing date Mar 26, 2025

    Source Moodyscre

    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 Miller Consulting Group LLC

    HighLights

    • Meticulously remodeled 3,887 SF commercial space with stunning, modern interiors
    • Ideal for office or retail professional use
    • Excellent signage on high‑traffic NE Baker Street
    • Convenient walking distance to McMinnville’s award‑winning Historical Downtown
    • Remodeled by a renowned design/build team
    • Originally built in 1932

    Overview

    This commercial space offers 3,887 square feet suitable for office or retail professional use. Originally constructed in 1932, the property has been remodeled with modern interiors by a design/build team. The location provides walking access to McMinnville’s Historical Downtown. The property benefits from signage on NE Baker Street, a high-traffic area.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $88.6k $22.80
    − Vacancy −$21.5k −$5.54
    EGI $67.1k $17.26
    − OpEx −$16.8k −$4.31
    NOI $50.3k $12.94
    3,887 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $718.8K
    $629.0K – $838.6K (±1% cap)
    NOI $50,316 @ 7.0% cap · market cap 5.06%
    Second Best
    Retail
    $664.7K
    $581.6K – $775.5K (±1% cap)
    NOI $46,527 @ 7.0% cap · market cap 4.68%
    Theoretical Best
    Office A
    $1.05M
    $918.1K – $1.22M (±1% cap)
    NOI $73,444 @ 7.0% cap · market cap 7.38%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Fret Doctor Training Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    McMinnville
    County
    Yamhill
    State
    Oregon
    Longitude
    -123.198
    Latitude
    45.2126

    FAQs

    What type of property is this?
    Office units - Versatile 3,887 SF space suitable for office or retail.
    Where is this office units located?
    The property is located at 636 NE Baker St McMinnville, OR.
    What is the asking price?
    The asking price for this property is $995,000.
    What are key features of this property?
    This property features: Meticulously remodeled 3,887 SF commercial space with stunning, modern interiors; Ideal for office or retail professional use; **Excellent signage on high‑traffic NE Baker Street**
    (503) 740-9200 Call to check price and availability
    More about this property
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