Rickreall Industrial and Retail 625-661 Pacific Hwy 4,326 SF Industrial Building Rickreall, OR 97371 $1,932,061 CAD ($446.62 CAD/SF) 6.98% Cap Rate

Sales, repairs, contractors' office with yard, any of these uses will work for this extraordinary property with Highway frontage and visibility. Front building has large conference room/office, showroom, parts counter, shipping and receiving room with its own covered grade door, workspace and a second large, private office with its own exterior door. Shop has oversized sliding doors on the North and South sides of the property for pull-through capability. Shop also has a door on the West face, oil heat, mezzanine storage, and a second door on the west side for enclosed shipping and receiving. New roofs on both buildings, including added underlayment in the shop. Rickreall Water and on-site septic. Additional amenities include rocked and compacted yard area, approx. 1 acre, driveway around the entire property, 3-phase power, lighted pole and wall signs and so much more. Zero deferred maintenance.
Zoning allows a variety of uses, including: lab/research, farm markets, retail for building supplies, hardware and garden; repair services; automotive dealerships; equipment rentals; vocational schools; misc. retail and much more.
Building is also for Lease at $9,500/Mo/NNN. At that base rent, the Cap. Rate would be 6.98%