For Sale
$499,950

150 Maple St Yamhill, OR 97148

Historic building, 3 tenants, redevelopment potential.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional redevelopment opportunity presents the historically significant North Yamhill Bank Building, a two-story brick structure constructed in 1911, situated on a prominent corner lot in Yamhill, Oregon. The 6,018 square foot building currently houses three retail tenants on the main floor, operating under a triple net lease with one year remaining on their agreements. The building boasts 100% occupancy, generating a strong current income stream. The upper floor offers approximately 3,009 square feet of raw shell space, ripe for creative redevelopment. The property includes a 3,586 square foot lot at 150 N Maple St, and an additional 1,999 square foot vacant lot at 170 N Maple St. The asking price is $499,950, translating to $83.08 per square foot. This presents a unique chance to acquire a piece of Yamhill's history and capitalize on the thriving Oregon Wine Country market. All square footage is approximate and should be independently verified. The property is classified as Class C and is offered as a multi-tenant investment.

Highlights

  • $499,950 asking price for a 6,018 sq ft retail storefront in Yamhill, Oregon.
  • 100% occupied, multi-tenant building (3 tenants) with a Net Net lease structure.
  • Located at 150 N Maple St, Yamhill, OR 97148, on a 3,586 sq ft lot.
  • Features a 1-year remaining lease term and a price per square foot of $83.08.
  • The property includes a 2-story, 1911-built Class C building requiring redevelopment of the upper floor.

Property Details for 150 Maple St

Property type
Retail properties, Retail space
Square Feet
6,018 SF
Class
C
Year Built
1911
Buildings
1
Stories
2

Location Insight

City
Yamhill
County
Yamhill
State
Oregon
Latitude
45.341611802541
Longitude
-123.18784759542

FAQs

What type of property is this?
Retail property - Historic building, 3 tenants, redevelopment potential.
Where is the retail property located?
The property is located at 150 Maple St Yamhill, OR.
What is the asking price?
The asking price for this property is $499,950.
What are key features of this property?
This property features: $499,950 asking price for a 6,018 sq ft retail storefront in Yamhill, Oregon.; 100% occupied, multi-tenant building (3 tenants) with a Net Net lease structure.; Located at 150 N Maple St, Yamhill, OR 97148, on a 3,586 sq ft lot.
How can I contact the broker?
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150 Maple St
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