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THE MANUFACTURING COMPLEX
The complex, located at 888 SE Sheridan Road, was built in 1973 and 1978. The 214,540± square feet of improvements on 24.25± acres was
designed to have its primary access from SE Sheridan Road by Building One, with secondary access along SE Jefferson by Building Two.
Construction of a spur could provide the added benefit of rail service to the complex.
Both Building One and Building Two are of similar design and are primarily manufacturing space, with the main office included in Building
One. The bulk of the entire site is paved, with the exception of the western portion of the Building One property, which is the location of the
fire suppression pond that serves both buildings.
The property has the options for reuse and redevelopment for manufacturing, distribution, storage and some commercial uses to take
advantage of its location along Highway 18, a major route for visitors to the nearby Spirit Mountain Casino, wineries, and the Oregon Coast.
The complex can be sold in its entirety, or in two properties, with Building One on 13.66± acres and Building Two on 10.59± acres. Both
properties could be reused for single or multiple uses, with potential for additional improvements. There is some deferred maintenance on
both buildings including some minor needed repairs related to the roofs, exterior siding, and the drive-in and dock high doors. The Seller
has maintained the electrical and fire suppression systems.
SUMMARY INFORMATION, BY PROPERTY
Building One
Building Two
Total
Site Size
13.66 acres
10.59 acres
24.25 acres
Total Improvements
112,540 sf
102,000 sf
214,540 sf
Plant - Manufacturing
94,500 sf
91,800 sf
186,300 sf
Office
3,220
----
3,220 sf
Covered Storage
10,500 sf
10,200 sf
20,700 sf
Storage Shed
4,320
----
4320 sf
Manufacturing Space
270’ x 350’
270’ x 340
Ceiling Height
19’ to 28’
19’ to 23’
Manufacturing Column Spacing
every 25’ with 90’ span every 25’ with 90’ span
Grade Level Drive-In Doors (16’ x 18’)
9
9
18
Dock-High Doors (10’ x 8’)
3
3
6
Cranes
2 two-ton
4 electric rails
6
Sprinklers
Yes
Yes
Primary Power
1,200 amps
1,200 amps
Paved Parking Spaces
300
75
375
Year Built
1973
1978
Published Reserve Price*
$1,600,000
$1,500,000
$3,100,000
Price per SF
$14.21
$14.70
$14.44
*The sales of individual properties shall be subject to, and contingent on, receipt of qualified, successful bids equal to, or in excess of, $3,100,000
Highway 18
To McMinnville
Highway 22
To Salem
Spirit Mountain Casino
SE Sheridan Road
Fire Suppression Pond
SE Jefferson St.
City of Sheridan
Willamina
Portland &
Western Railroad
Building Two
102,000± SF on 10.59± Ac.
Building One
112,540± SF on 13.66± Ac.
Federal Correctional
Institution
or call 1-800-845-3524