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    OFF-MARKET Estimated value $745,000
    Medical Office Space

    745 Hilary St, Mcminnville, OR 97128-6918

    762 SF 0.3 ac lot Built 1943
    Individually Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US71-0791472
    Property summary
    AI-generated overview

    This exceptional 3,800 square foot office building presents a lucrative investment opportunity in McMinnville, Oregon. Situated on a 0.3-acre lot, the property boasts multiple office suites, each with its own private exterior entrance, making it ideal for subleasing and generating immediate rental income. One large area, currently used for church services, offers versatile space suitable for a preschool, or other uses. The upper level is available for lease, providing a ready revenue stream for the new owner. The building features a shared, updated kitchen, an ADA-compliant restroom, abundant natural light, updated flooring, and fresh paint throughout. Fourteen dedicated parking spaces are available for tenants and visitors. Recent improvements include a new roof, enhancing the building's longevity and value. A versatile outdoor area provides additional space, potentially suitable for fencing to create a recreational or dining area. Located in a rapidly developing section of McMinnville, this property is highly sought after by both investors and business owners. The combination of multiple income streams, modern updates, and a desirable location makes this a rare opportunity to acquire a prime commercial asset in a thriving market. The property's features and location make it an attractive investment with significant potential for future growth and profitability.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1943
    Total area 762 SF
    Lot 0.3 ac (13,068 SF)
    Zoning code C1
    APN R4429AB 00700
    UPID US71-0791472
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mc Minnville Physical Therapy Medical Clinic
    • HelloCare Aged Care Home Health Care Service
    • Justin Lee Stehr Physician
    • Devon Engstrom Physician
    • Michael Curry Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $745k
    Owner & transaction history
    The Rufus Foundation · 1 yrs held
    The Rufus Foundation
    since 2025
    Last sale
    $745,000
    7 recorded transactions
    2025
    $745,000
    2022
    $620,000
    2019
    2019
    $299,000
    2008
    2008
    1994
    $64,000
    Zoning & alternative use
    C1 · Mcminnville, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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