Page 49 - 1302-spring-auction-catalog

47
OR FAX FORM ON PAGE 134 TO 503-242-1814
The office building, located at the corner of NE Fifth Street and N.E. Evans Street, was originally built in 1937
as a private hospital, and was then used for medical offices when it was renovated in the 1970s. The three-story
building has a daylight basement with gross square feet of 16,455±, or 5,485± square feet per floor; it has 15,177±
square feet of rentable space. There is one tenant on the second floor at a monthly rental of $1,971, with the
lease term of October 31, 2013. (See Supplemental Information Package for detail on lease.) The building is on a
12,000± square foot site and has a common access drive with Yamhill County offices from NE Fifth Street, and a
rear parking lot for four cars. The City of McMinnville has a newer two-story parking garage across the street.
The building has concrete exterior walls with exterior brick siding, concrete floor decking and flat wood frame
roof with built-up composition cover. A skybridge connects the building on the second floor to the Yamhill
County building and had been used when the building was occupied by physicians. The skybridge is now
inaccessible. The building has an elevator, an interior stairwell, and two exterior staircases. There are restrooms
on each floor. The building is currently 85% vacant.
There are a total of eleven suites or offices. There is an outdoor stairway to access the main floor, and a ramp
from the street to access the daylight basement entry. An elevator serves all three floors of the building and the
building is ADA compliant. On the main floor there are four office suites that range from 575± to 1,975± square
feet. Each of these suites has a restroom. Two restrooms are located by the largest suite, with access from the
common hallway.
The daylight basement has its main entry from NE Evans Streeet, and has three office suites that range from
480± to 1,775± square feet. Each office suite has a restroom, and the mechanical room is located off the lobby.The
building has a combination of roof-monitored HVAC units, heat pumps and furnace.
Overall, the building is in fair condition with some deferred maintenance, and will require significant investment
for reuse and redevelopment. A Phase I assessment is available in the Supplemental Information Package, along
with 2012 operating costs, zoning, schematic floor plans, preliminary title report and photos.
LOCATION: 422 NE Fifth Street – McMinnville, Oregon. Tax lot 2400.
SEALED BIDS DUE NO LATER THAN 5:00 PM, MAY 15, 2013
Main Floor Plan Basement Floor Plan Second Floor Plan
Sky Bridge Leased
Office
Suite