745 Hilary St, Mcminnville, OR 97128-6918
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.
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Mc Minnville Physical Therapy Medical Clinic
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HelloCare Aged Care Home Health Care Service
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Justin Lee Stehr Physician
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Devon Engstrom Physician
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Michael Curry Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C1 · Mcminnville, ORMcminnville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.