Bought with Non Rmls Broker
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1620 AIRWAY RD Lebanon, OR 97355
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Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Light Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 23,400 sqft
Price per Sqft $79
MLS Listing ID 22140292
Sold Date 06/06/22
Year Built 1980
Annual Tax Amount $19,970
Tax Year 2021
Lot Size 1.520 Acres
Property Sub-Type Light Industrial
Property Description
Great industrial investment property in the heart of Lebanon, OR. This 23,400 sq ft building is fully leased to a solid national tenant with great credit. Terms are 5 years(through Jan, 2026) st a 6.63% cap rate(actual). The building is in great condition featuring approx 19,200 of warehouse/manufacturing space, 6,900 ft of office and display. 3-phase power, plumbed wire system, sprinkler system, paint booth, 2 grade and 2 dock doors, newly paved and striped parking for 30 cars. Call for a tour.
Location
State OR
County Linn
Area _221
Zoning IND
Interior
Heating Other
Exterior
Roof Type Metal
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Level or Stories 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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