Rare opportunity to acquire a 1.54-acre M1 zoned Light Industrial parcel in one of Canby's most sought-after industrial locations. Positioned next to the newly constructed OLCC facility and surrounded by other established businesses sitting in the heart of the industrial corridor. The M1 zoning offers the opportunity for various building usages, making this the perfect location to grow your business. This property stands out with extensive due diligence already completed and the project advanced to the permitting stage for a proposed 17,500 sq ft industrial building. Existing building plans, site analysis and feasibility work may be available to a buyer for an additional cost, providing a valuable head start and significantly reducing development timelines. The site is flat, highly usable, and conveniently located near Highway 99E, offering efficient access for logistics, employees, and customers. Ideal for owner-users, developers, or investors seeking a strategically located, near permit-ready industrial site in a growing community.