For Sale
$7,000,000

3661 Olympic StSpringfield, OR 97478

Three buildings, 63,340 SF, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
125
This exceptional three-building industrial campus in Springfield, Oregon, presents a unique investment and/or owner-user opportunity. Encompassing a total of 63,340 square feet on a 3.1-acre lot zoned for heavy industrial use, this property offers significant flexibility. The buildings range in size from 19,716 square feet to 24,624 square feet, allowing for the purchase of one, two, or all three structures. The asking price for the entire campus is $7,000,000, with individual building pricing available. Strategically located near Highway 126, less than half a mile from the I-5 interchange, this campus benefits from excellent access to major transportation routes. Its proximity to numerous industrial users and national retailers like Walmart, Jerry's, and Target further enhances its appeal. The property's location in Springfield, Oregon, is particularly advantageous, given the area's limited industrial land availability, strict urban growth boundaries, high barriers to entry, and a business-friendly environment. This combination of factors has contributed to strong value appreciation in the local industrial real estate market. The buildings are classified as Class B and are currently vacant, providing a blank canvas for a new owner's vision. This is a rare opportunity to acquire a substantial industrial property in a thriving location.

Highlights

  • Three-building industrial campus totaling 63,340 square feet on a 3.1-acre lot, zoned for heavy industrial use.
  • Yellow Building: 19,716 square feet, priced at $2,600,000.
  • Red and Green Buildings: 43,624 square feet (must be purchased together), priced at $4,900,000.

Property Details for 3661 Olympic St

Property type
Warehouses, Industrial properties
Square Feet
63,340 SF
Class
B
Buildings
3
Lot Size (sq. ft)
135,036 SF

Location Insight

City
Springfield
County
Lane
State
Oregon
Latitude
44.0589679
Longitude
-122.9746967
3661 Olympic St, Springfield, Oregon

FAQs

What type of property is this?
Warehouse - Three buildings, 63,340 SF, vacant.
Where is the warehouse located?
The property is located at 3661 Olympic St Springfield, OR.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Three-building industrial campus totaling 63,340 square feet on a 3.1-acre lot, zoned for heavy industrial use.; Yellow Building: 19,716 square feet, priced at $2,600,000.; Red and Green Buildings: 43,624 square feet (must be purchased together), priced at $4,900,000.
How can I contact the broker?
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3661 Olympic St
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