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OR FAX FORM ON PAGE 119 TO 503-242-1814
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PUBLISHED RESERVE: $585,000
LAST ASKING: $650,000
SIZE: 7,400± Square Foot Building on 1.7±
Acres
ZONING: UD-11 (Urban Development
Industrial)
PROPERTY INSPECTION: By Appointment
Only - Please do not disturb tenant
FINANCING: Subject to Seller’s approval of
Purchaser’s credit:
Term: 15 to 20 year full amortizing loan
Loan to Value: Loan to be appraised or cost value, whichever is less, not to exceed 65%
Rate: Federal Home Loan Bank fixed rate index plus 3% adjustable every 5 years with a floor rate of 5.5%
Fees: 1% plus usual customary third party costs
DESCRIPTION: This 1.7± acre industrial property, with a 7,400± square foot metal building, is located
along Highway 34 near Corvallis, home of Oregon State University, and Albany, and within five
minutes of I-5 Exit 228. The property has the opportunity to be developed with additional buildings
on the excess land, which has excellent exposure along Highway 34. The site has easy access to I-5 and
Corvallis, and Highway 99 and Albany. The building on the adjacent 3± acre site has been recently
purchased as a New Holland Tractor and Farm Equipment dealership.
Highway 34 Industrial Building near I-5 and Oregon State University
Albany, Oregon
Albany
I-5
99 East
Highway 34
Excor Road SW
N
Showroom
