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1131 S Commercial Way SE 7,250 SF 100% Leased Industrial Building Albany, OR 97322 $995,000 ($137.24/SF)
Investment Highlights
- Convenient access to I-5 and Highway 20
- Compressed airlines and compressor
- Large asphalt parking lot with ample parking and pull-around driveway for truck entry and maneuverability
- 600 amp phase 3 electrical
Executive Summary
This Light Industrial-zoned property includes two lots and offers a well-equipped shop and office space with easy access to Highway 20 and Interstate 5. The shop area features two roll-up doors, compressed air lines throughout with a compressor included, a 600 amp 3 phase electrical and separate meter and panel for the rest of the building. You’ll also find storage closets, a restroom, and an additional separate multi-use room . The office space includes two offices and two bathrooms on the main level, with one office featuring a reception window to the front door. The upper level has exterior access, plumbing for sink, 2 offices and a large general area in between. The building is fully heated and air-conditioned, with 3 HVAC systems on a regular maintenance plan. A large asphalt parking lot, repaved approximately three years ago, provides ample parking space and a pull-around driveway makes truck entry and maneuverability easy and efficient. This property is a prime opportunity for businesses needing functional industrial space with excellent infrastructure.
Property Facts Under Contract
| Price | $995,000 | Lot Size | 0.63 AC |
| Price Per SF | $137.24 | Rentable Building Area | 7,250 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1974 |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | LI - Light Industrial | ||
| Price | $995,000 |
| Price Per SF | $137.24 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.63 AC |
| Rentable Building Area | 7,250 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Clear Ceiling Height | 12’ |
| Opportunity Zone |
Yes |
| Zoning | LI - Light Industrial |
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 0366324 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $501,270 |
Property Taxes
Parcel Number
0366324
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$501,270
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1131 S Commercial Way SE
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