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Leased Industrial Building 120-220 Palmer Ave

22,000 SF 100% Leased Industrial Building Cottage Grove, OR 97424 $3,685,422 CAD ($168 CAD/SF)

Warehouses Oregon Cottage Grove 120-220 Palmer Ave, Cottage Grove, OR 97424

Executive Summary

LEASED INDUSTRIAL BUILDING. OWNER-USER or INVESTMENT OPPORTUNITY.
120 - 220 Palmer Avenue is a well-maintained 21,990-square-foot building on 1.02 acres of industrial land, spread across 2 tax lots.
Constructed in 1985 with reinforced concrete, the building includes 2 grade-level and 4 dock-height doors. Ample parking, with 30 on-site spots plus street parking.
Tenants include Emerald Fitness Club, which is leasing 17,000 square feet until 12/01/2024 (with three 5-year renewal options) at $7,000/month plus utilities, and Agricola Collective, a cannabis facility, which is occupying 4,990 square feet on a month-to-month basis at $9,400/month.

Attachments

CCRE 120 Palmer Avenue Cottage Grove

Property Facts

Price $3,685,422 CAD Rentable Building Area 22,000 SF
Price Per SF $168 CAD No. Stories 1
Sale Type Investment or Owner User Year Built 1985
Property Type Industrial Parking Ratio 0.61/1,000 SF
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
 No. Dock-High Doors/Loading 4
Building Class B No. Drive In / Grade-Level Doors 2
Lot Size 0.51 AC
Price $3,685,422 CAD
Price Per SF $168 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
Building Class B
Lot Size 0.51 AC
Rentable Building Area 22,000 SF
No. Stories 1
Year Built 1985
Parking Ratio 0.61/1,000 SF
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 2
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PROPERTY TAXES

Parcel Number 1247426 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $533,667 CAD

PROPERTY TAXES

Parcel Number
1247426
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$533,667 CAD

zoning

Zoning Code M
M
(541) 484-2214

Contacts

  • Listing ID: 31342882

  • Date on Market: 2024-03-27

  • Last Updated:

  • Address: 120-220 Palmer Ave, Cottage Grove, OR 97424

The Industrial Property at 120-220 Palmer Ave, Cottage Grove, OR 97424 is currently available for sale. Contact Campbell Commercial Real Estate for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

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Leased Industrial Building | 120-220 Palmer Ave
(541) 484-2214 x

Leased Industrial Building | 120-220 Palmer Ave

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Billy Pollock

(541) 484-2214

(541) 484-2214

Ben Wanichek

(541) 520-0067

(541) 520-0067

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