34628_A_FallAuction_LR - page 49

47
OR FAX FORM ON PAGE 81 TO 503-242-1814
111
PUBLISHED RESERVE:
$550,000
YAMHILL COUNTY RMV: $661,574
SIZE:
16,455± Square Foot Building on 12,000±
Square Foot Site
ZONING:
C-3
PROPERTY INSPECTION:
By Appointment
Only – Please call Auction Information Office to
Arrange
FINANCING:
Subject to Seller’s approval of
Purchaser’s credit: A 25% down payment with the
balance secured by a first deed of trust, amortized
over 25 years at 6% interest, all due and payable at
the end of 5 years.
DESCRIPTION:
This three-story, 16,455±
square foot multi-tenant office building is located at the corner of NE Fifth and NE Evans, by the Yamhill County
Courthouse and the Board of Commissioners offices, and is a potential mixed-use redevelopment opportunity
for offices, studio apartments, work/live units or private school. The General Commercial (C-3) zoning allows
mixed uses. It is within a few blocks of McMinnville’s Historic Downtown District which has McMenamins
Hotel Oregon, along with quaint boutiques, wineries, unique shops and restaurants. The McMinnville Farmers’
Market is located nearby and McMinnville was recently rated second best “Foodie Town” in America by Bon
Appetit magazine. McMinnville is located in the heart of Willamette Valley’s wine country, midway between
Portland and the Oregon Coast.
The office building, located at the corner of NE Fifth Street and Evans Street, was originally built in 1937 as
a private hospital, and was later used for medical offices after it was renovated in the 1970s. The three-story
Office Building byYamhill CountyOffices andHistoricDowntownDistrict
McMinnville, Oregon
NE Evans St.
NE 5th St.
Yamhill County
Courthouse
Downtown
Historic
District
Hotel
Oregon
City Parking
Garage
N
1...,39,40,41,42,43,44,45,46,47,48 50,51,52,53,54,55,56,57,58,59,...92
Powered by FlippingBook