For Sale
$1,889,000

3100 Lone Oak Rd McMinnville, OR 97128

4.2-acre Oregon property, multi-tenant income.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 4.2-acre mixed-use property in McMinnville, Oregon, presents a rare investment opportunity. Located on Lone Oak Rd N, bordering Highway 99, the property is zoned Light Industrial (LI) and offers a diverse range of existing structures and amenities. The site includes four buildings: two residential homes (a 2007 manufactured home with 1512 sq ft, 3 bedrooms, and 2 baths, and a 1999 home with 1056 sq ft, 2 bedrooms, and 2.5 baths), a barn/office complex with 230V 3-phase and single-phase power, and additional outbuildings. Outdoor features include a gated and fenced area, a charming pond with a recreation shed, a lighted sand volleyball court, a large gravel lot ideal for extensive parking or storage, cross-fenced pastures, paddocks, and livestock sheds. The property's multi-tenant setup currently houses two tenants. The year built for the main structures is 2007 and 1999. This versatile property is perfect for owner-users seeking a blend of residential and light industrial space, or investors looking for a strong multi-tenant income stream. The asking price is $1,889,000. Buyer to conduct their own due diligence regarding intended use. The property is situated in Yamhill County, Oregon, with a zip code of 97128.

Highlights

  • 4.2-acre mixed-use property in McMinnville, OR, zoned Light Industrial (LI).
  • Located on Lone Oak Rd N, bordering Highway 99.
  • Includes four buildings: two residential homes (1512 sq ft & 1056 sq ft), a barn/office complex with 230V 3-phase power, and outbuildings.
  • Features gated/fenced area, pond, recreation shed, sand volleyball court, large gravel lot, pastures, paddocks, and livestock sheds.
  • Currently houses two tenants; asking price $1,889,000.

Property Details for 3100 Lone Oak Rd

Property type
Specialty properties, Mixed-use properties
Year Built
2007
Buildings
4
Lot Size (sq. ft)
182,952 SF
Units
2

Location Insight

City
McMinnville
County
Yamhill
State
Oregon
Latitude
45.238261886452
Longitude
-123.15176658081
3100 Lone Oak Rd, McMinnville, Oregon

FAQs

What type of property is this?
Specialty property - 4.2-acre Oregon property, multi-tenant income.
Where is the specialty property located?
The property is located at 3100 Lone Oak Rd McMinnville, OR.
What is the asking price?
The asking price for this property is $1,889,000.
What are key features of this property?
This property features: 4.2-acre mixed-use property in McMinnville, OR, zoned Light Industrial (LI).; Located on Lone Oak Rd N, bordering Highway 99.; Includes four buildings: two residential homes (1512 sq ft & 1056 sq ft), a barn/office complex with 230V 3-phase power, and outbuildings.
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3100 Lone Oak Rd
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