777 4th St Mcminnville, OR 97128-4502
- Industrial properties
- 0.28 lot acres
Current Use by Public Records
- ForeLand Beer - McMinnville Brewery / Brewery
- Neely's Food Truck / Hamburger Restaurant
Property Details for 777 4th St
- Lot size
- 0.28 lot acres
- Zone code
- M1
- Property type
- Industrial properties
- APN
- R4421BD 03200
- APU
- R4421BD03200
Description
This exceptional 5,855-square-foot manufacturing building in McMinnville, Oregon, presents a compelling investment opportunity. Located just one block from the historic downtown area on 777 NE 4th St, this 1980-built, two-story steel structure sits on a 0.28-acre lot and boasts a 20-foot ceiling height. The property includes 10 paved and fenced parking spaces, along with two ADA-compliant restrooms. Significant upgrades include enhanced water service and heavy power capabilities. Currently leased to a tenant with a two-year lease remaining, including a five-year renewal option, this property offers a strong, long-term NNN lease. The M-2 zoning allows for diverse uses, presenting potential for future owner-occupancy. The property's APN is 161880, and its location in the vibrant McMinnville community, near the award-winning 3rd Street, ensures strong potential for future growth and value appreciation. This is a solid investment with a proven track record and significant upside. The property's zip code is 97128.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mcminnville
- County
- Yamhill
- State
- Oregon
- Longitude
- -123.191
- Latitude
- 45.211
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
