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1852 Fescue St SE 29,379 SF Office Building Albany, OR 97322 $5,887,500 ($200.40/SF)
EXECUTIVE SUMMARY
NEW TO MARKET! This 39,250 SF, freestanding, 2-story building, zoned light Industrial is now FOR SALE as an owner user opportunity! The property is highly visible from I-5 North and South traffic, which makes for a desirable location with heavy freeway traffic counts and plenty of visible signage. This well maintained property sits on almost 3 acres and is beautifully landscaped, features two entrances and provides ample parking. The building is elevator served.
There are several uses being featured in this listing;
• A full restaurant kitchen, bakery, cafe, coffee bar and outdoor patio with seating.
• The warehouse is approximately 23,618 SF and features 3 grade level doors, 2 dock high doors, full manufacturing coffee plant, additional offices and storage rooms.
• Additional offices, conference room and coffee bar on the 1st floor.
• The entire second floor is built out as open office space with three private offices or meeting rooms and has a separate entrance.
The current Tenant “ Allann's Coffee” originally Allann Bros Coffee, is Oregon's oldest family owned coffee roaster and would like to negotiate to stay in part of the shop space. Exact details to be determined and agreed upon by all parties. Great potential to demise into multi-tenancy.
Albany is located in the heart of the Willamette Valley, with the Willamette River bordering the community. Albany offers direct travel to all areas of the state with I-5 dissecting the city and the east/west State Highways 20 and 34 an integral part of the traffic pattern. The City of Portland, the Cascade Mountains, and the Pacific Ocean are all within an hour and a half driving time, putting Albany in an excellent position for economic and recreational opportunities.
There are several uses being featured in this listing;
• A full restaurant kitchen, bakery, cafe, coffee bar and outdoor patio with seating.
• The warehouse is approximately 23,618 SF and features 3 grade level doors, 2 dock high doors, full manufacturing coffee plant, additional offices and storage rooms.
• Additional offices, conference room and coffee bar on the 1st floor.
• The entire second floor is built out as open office space with three private offices or meeting rooms and has a separate entrance.
The current Tenant “ Allann's Coffee” originally Allann Bros Coffee, is Oregon's oldest family owned coffee roaster and would like to negotiate to stay in part of the shop space. Exact details to be determined and agreed upon by all parties. Great potential to demise into multi-tenancy.
Albany is located in the heart of the Willamette Valley, with the Willamette River bordering the community. Albany offers direct travel to all areas of the state with I-5 dissecting the city and the east/west State Highways 20 and 34 an integral part of the traffic pattern. The City of Portland, the Cascade Mountains, and the Pacific Ocean are all within an hour and a half driving time, putting Albany in an excellent position for economic and recreational opportunities.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
29,379 SF
Building Class
B
Year Built
1999
Price
$5,887,500
Price Per SF
$200.40
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
14,689 SF
Building FAR
0.23
Lot Size
2.98 AC
Opportunity Zone
Yes
Zoning
LI
Parking
98 Spaces (3.34 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 0684908 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,189,730 |
PROPERTY TAXES
Parcel Number
0684908
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,189,730
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1852 Fescue St SE
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