1852 Fescue St SE - Office FOR SALE


Albany, OR 97322
$5,887,500 USD
503-884-1273
1852 Fescue St SE, Albany, OR for Sale
$5,887,500 USD
Office - FOR SALE
1/86
null | Request Cap Rate

1852 Fescue St SE
Albany, OR 97322


OVERVIEW

NEW TO MARKET! This 39,250 SF, freestanding, 2-story building, zoned light Industrial is now FOR SALE as an owner user opportunity! The property is highly visible from I-5 North and South traffic, which makes for a desirable location with heavy freeway traffic counts and plenty of visible signage. This well maintained property sits on almost 3 acres and is beautifully landscaped, features two entrances and provides ample parking. The building is elevator served. There are several uses being featured in this listing; • A full restaurant kitchen, bakery, cafe, coffee bar and outdoor patio with seating. • The warehouse is approximately 23,618 SF and features 3 grade level doors, 2 dock high doors, full manufacturing coffee plant, additional offices and storage rooms. • Additional offices, conference room and coffee bar on the 1st floor. • The entire second floor is built out as open office space with three private offices or meeting rooms and has a separate entrance. The current Tenant “ Allann's Coffee” originally Allann Bros Coffee, is Oregon's oldest family owned coffee roaster and would like to negotiate to stay in part of the shop space. Exact details to be determined and agreed upon by all parties. Great potential to demise into multi-tenancy. Albany is located in the heart of the Willamette Valley, with the Willamette River bordering the community. Albany offers direct travel to all areas of the state with I-5 dissecting the city and the east/west State Highways 20 and 34 an integral part of the traffic pattern. The City of Portland, the Cascade Mountains, and the Pacific Ocean are all within an hour and a half driving time, putting Albany in an excellent position for economic and recreational opportunities.

FOR SALE DETAILS

PRICE

$5,887,500 USD

PRICE/SF

$200 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Residential, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

2.98 AC

LAND SF

129,938 SF

ZONING

LI

APN/PARCEL ID

0684908

ASK ABOUT THIS PROPERTY

Elesa DollSMI Real EstateMore Info
503-884-1273

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Elesa DollSMI Real EstateMore Info
503-884-1273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.