McMinnville Development Opportunity

McMinnville is the county seat for Yamhill County and is in the center of the Oregon Wine Country. It lies 50 miles from the Oregon Coast and just 35 miles from downtown Portland. The subject property is at the city's north end and surrounded by other industrial users such as Cascade Steel/Cascade Rolling Mill, a local brewery, and a specialty lumberSVN is pleased to present this unique opportunity to acquire this 45,280 SF metal manufacturing building (with an additional second-floor office), situated on 9 acres, in the City of McMinnville, located just 35 minutes west of Portland. The property features both dock and grade loading doors, 480 volt, 3-phase power, and more than 1.2 acres of paved yard. It is situated next door to Cascade Steel Rolling Mills, a subsidiary of Schnitzer Industries, a Fortune 1000 company. McMinnville is the center of the Willamette Valley wine country. There are several potential uses for this property including owner-occupant industrial use that needs a lot of yard; a tasting room and a production facility for a winery; or the development of the property into an industrial park. McMinnville has 2.3 million sq. ft. of industrial buildings in the market with a mere 0.4% vacancy rate.