33509 NE Williams St - Industrial FOR SALE


Scappoose, OR 97056
$495,000 USD
503-223-3171
33509 NE Williams St, Scappoose, OR for Sale
$495,000 USD
Industrial - FOR SALE
1/5
null | Request Cap Rate

33509 NE Williams St
Scappoose, OR 97056


OVERVIEW

Norris & Stevens is pleased to offer for sale a rare two-tenant investment opportunity in the heart of Scappoose, OR. Only a half hour from Portland, the property provides an opportunity for an investor to acquire a property in an up-and-coming area outside of Multnomah County. Due to its close proximity to Highway 30 and ease of access to and from main arterial streets, the property has historically experienced low vacancy and a high demand for space from prospective tenants. Lease rates have been increased consistently over time and reflect a market rate which can be subject to additional increases during tenant turnover. • Fully leased with two tenants; both have occupied the space for over 10 years • Stabilized at-market rents with great tenant mix • No new construction offers little competition • Free and clear of existing debt • Strong demand and low vacancy for industrial space • Great location with visibility on Highway 30 near dozens of restaurants and retail shops • Above-average amount of parking with the option for overflow parking if needed • Functional assembly/manufacturing space

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,197

ZONING

LI

APN/PARCEL ID

0101032120130120000

ASK ABOUT THIS PROPERTY

Nick ChessarNorris & Stevens, Inc.More Info
503-223-3171

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Nick ChessarNorris & Stevens, Inc.More Info
503-223-3171

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