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2320 SE STRATUS AVE McMinnville, OR $ 2,500,000
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2320 SE STRATUS AVE
$ 2,500,000
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2320 SE STRATUS AVE

McMinnville, OR, 97128
$ 2,500,000
Baths0.0 Sq 4,449

Monthly Estimate*

$ 16,616

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Studio

Commercial Property for sale in McMinnville, OR

for $2,500,000. This 4,449 square foot building was built in 2008 on a lot size of 5.8.

Very unique Live/work industrial property with multi-family or commercial development opportunities. Tax lot 540952 consists of a 4449 SF industrial building with a 2152 SF residential apartment and 2297 SF of shop/warehouse space on 0.4 acre lot. Tax lot 172501 is 5.4 acre parcel zoned M1 industrial which is listed separately on RMLS listing 23055846 at $2M. Both these properties are inside the City of McMinnville's Three Mile Lane Area Plan and the 5.4 acres has been identified as a potential multi-family development site. Contacting listing broker for additional zoning and usage information. Tours of the residential apartment following accepted offers only. Seller is a licensed broker in the State of Oregon.

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Commercial Pending

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,580

Style

LiveWorkUnit

Lot Size

5.8

Year Built

2008

Town/City

McMinnville

County/Region

Yamhill

MLS | Web ID

24518607
Features
General
Sewer PublicSewer
Heating HeatPump
Cooling HeatPump
Zoning M1
Construction Materials WoodFrame
Year Built 2008
Sale Includes Building Land
Stories 2
Property SubType LiveWorkUnit
Tax Year 2023
Current Use Office Other Warehouse
Gross Income 0
County Yamhill
Operating Expense 0
Property Type CommercialSale
Status Pending
Directions From McMinnville Highway 18 east south on Norton Lane west on Stratus Avenue Southside of Rd.
City McMinnville
MLS Area _156
Lot Size Square Feet 252648.0
Street Name STRATUS
Listing Terms Cash Conventional
Tax Annual Amount 6580.18
Property Condition Existing
Virtual Tour https://vimeo.com/labunskiphotography/2330stratus?share=copy
Days on Market 64
Lease Type MonthToMonth
Standard Status Pending
Legal Description PARCEL 2 PARTITION P2008-02
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Exterior
Parking Features OnSite
Water Source PublicWater
Total Parking 10.0
Number of Buildings 2
Building Area Total 4449.0
Lot Size Acres 5.8
Road Surface Type Paved
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Interior
Street Suffix AVE
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Internal Only
Street Number 1 2320
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* Excluded Features
List By
Miller Consulting Group, Llc

Broker

mike@millerconsultinggroup.net

Email

Affordability Calculator

$17,164
Per Month
97%
3%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$548
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1949264 Elementary School
1949174 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/26/2024$2,500,000 Listed Price

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2320 SE STRATUS AVE, McMinnville, OR, 97128 is a Commercial Property for sale at $2,500,000 with 4,449 sqft and a lot size of 5.8. 2320 SE STRATUS AVE is a studio with 0.0 baths and was built in 2008. The property's zip code is 97128 which is in McMinnville, OR

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