Industrial Sawmill | Lumberyard For Sale
1415 SE Holman Ave.
Dallas, OR 97338
Highlights
- Single-Tenant
- For Sale at $33.13 SF and a 10.0% cap rate.
- The possibility that the Owner would look at a sale with a lease back.
- Cap rate based on a lease rate of $.30 SF.
Description
PRICE REDUCTION: This is a hard-to-find, 7-building sawmill with a lumber yard used for the finishing of specialty wood products. The 7 buildings are on a 3.85-acre parcel and could be easily converted for other uses. The original construction of these warehouses was in the 1890s with additions in the 1990s. The northernmost portion formerly had rail service and is currently used as the glue room with specialized ventilation. The Eastern area of the property is a 60' x 300' vacant lot that can be developed or used for truck and trailer parking as well as a turn-a-round for large rigs. Main Warehouse (Bldg 1) has four grade-level doors with 20' clear height ceilings and 37,160 SF The balance of the building ranges in size from 4,350 SF to 1,728 SF.
The property is located within the City of Dallas, Oregon on the corner of SE Holman Avenue and SE Birch Street. The property is on the east side of Holman Avenue.
