For Sale
$1,750,000

1415 Holman AveDallas, OR 97338

7-Building Complex, 54,335 SF

Overview

Added:
Dec 11, 2024
Days on market:
117
Exceptional opportunity to acquire a 7-building industrial complex totaling 54,335 square feet situated on a 3.85-acre lot in Dallas, Oregon. Originally constructed in 1890 with renovations in 2019, this property boasts a main warehouse (Building 1) featuring 37,160 square feet, four grade-level doors, and 20-foot clear height ceilings. Six additional buildings range in size from 1,728 to 4,350 square feet. The property includes a 60' x 300' vacant lot suitable for development or truck/trailer parking. A former rail service area is currently utilized as a glue room with specialized ventilation. The property is zoned for industrial use and offers significant potential for various applications. The asking price is $1,750,000, representing a price per square foot of $44.17 and an 8.40% cap rate. The property's location in Polk County, Oregon, offers convenient access to major transportation routes. This unique offering presents a compelling investment opportunity with potential for lease-back arrangements. The property's APN is 149738, 149741.

Highlights

  • 7-building industrial complex totaling 54,335 SF on a 3.85-acre lot in Dallas, OR, for sale at $1,750,000 ($44.17/SF, 8.40% cap rate).
  • Main warehouse (Building 1) features 37,160 SF, four grade-level doors, and 20-foot clear height ceilings. Additional buildings range from 1,728 SF to 4,350 SF.
  • Seller may consider a sale-leaseback.
  • Located in the Salem market, Portland submarket.

Property Details for 1415 Holman Ave

Property type
Warehouses, Industrial properties
Square Feet
54,335 SF
Year Built/Renovated
1890/2019
Buildings
7
Lot Size (sq. ft)
167,706 SF

Location Insight

City
Dallas
County
Polk
State
Oregon
Latitude
44.9150253
Longitude
-123.3048417
1415 Holman Ave, Dallas, Oregon

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1415 Holman Ave
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