FOR SALE VINTAGE MUSTANG SITE 12780 SE McLoughlin Boulevard, Milwaukie, Oregon 97222 www.svnimbrie.com
PROPERTY HIGHLIGHTS
• Conveniently located near Major Thoroughfares • Industrial Owner Use or Redevelopment Opportunity
• Situated Across from Max Orange Line Terminus
• Potential for Multifamily Development
JOY HEINECKE | ADVISOR [email protected] O: 503.482.4157 | M: 503.953.2525
JEREMIAH WILGUS | SENIOR ADVISOR [email protected] O: 503.208.9405 | M: 541.580.8103
All SVN® Offices Independently Owned and Operated
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. PROPERTY OVERVIEW | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
PROPERTY DETAILS Sale Price: $1,195,000 Commercial Building Size: 4,752 SF Lot Size: 27,007 SF Property Type: Mixed Use Zoning: C-3 Year Built: 1956 Construction: Masonry Construction
00167820, 00167839, APN Numbers: 00167811, 00167802
Submarket: Milwaukie
Walk Score: 57 Transit Score: 50
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
ADDITIONAL EXTERIOR PROPERTY PHOTOS | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
PROPERTY MAP | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
SUBJECT PROPERTY Access Point (0.62 Acres) C-3 Zoning TriMet - Max Orange Line
Terminus
Access Point Access
TriMet Parking
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
AERIAL MAP | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
SUBJECT PROPERTY
SE 27th Ave 27th SE
SE Park Ave 31st SE Ave
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
PROPERTY MAP | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
SUBJECT PROPERTY
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
PARCEL MAP | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
SUBJECT PROPERTY
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
CLACKAMAS COUNTY ZONING MAP | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
Subject Property
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
CLACKAMAS COUNTY C-3 ALLOWED USES | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
C-3 ZONING ALLOWED USES Assembly Facilities, Civic and including auditoriums, churches, community centers, convention facilities, exhibition halls, fraternal organization lodges, senior centers, and theaters Cultural Facilities for the performing arts, including auditoriums, churches, community centers, convention facilities, exhibition halls, fraternal organization lodges, senior centers, and theaters for the performing arts Daycare Services/School Adult and Children (Nursing home is not permitted) Fitness Facilities Including athletic clubs, exercise studios, gymnasiums and health clubs, sports as basketball, dance, gymnastics, martial arts, racquetball, skating, soccer, swimming, and tennis. These facilities may be used for any of the following: general recreation, instruction, practice, and competitions Hospitality Hotels, Motels, Bed and Breakfast Residences and Inns Housing Single family to multifamily Manufacturing including the mechanical, physical, or chemical transformation of materials, substances, or components into new products; and the assembly of component parts. Primary processing of raw materials is prohibited Offices including administrative, business, corporate, governmental, and professional offices. Examples include offices for the following: accounting services, architectural services, business management services, call centers, employment agencies, engineering services, governmental services, income tax services, insurance services, legal services, manufacturer’s representatives, office management services, property management services, real estate agencies, and travel agencies Outpatient Clinics both of which may include associated pharmacies and laboratories—for healthcare services, such as acupuncture, chiropractic, counseling, dental, massage therapy, medical, naturopathic, optometric, physical therapy, psychiatric, occupational therapy, and speech therapy. Parking Parking Lots & Parking Structures Parks including amphitheaters; arboreta; arbors, decorative ponds, fountains, gazebos, pergolas, and trellises; ball fields; bicycle and walking trails; bicycle parks and skate parks; boat moorages and ramps; community buildings and grounds; community and ornamental gardens; courtyards and plazas; equine facilities; fitness and recreational facilities, such as exercise equipment, gymnasiums, and swimming pools; miniature golf, putting greens, and sports courts; nature preserves and wildlife sanctuaries; picnic areas and structures; play equipment and playgrounds; tables and seating; and similar recreational uses. Accessory uses to a park may include concessions, maintenance facilities, restrooms, and similar support uses. Research Facilities and including medical laboratories, medical research, product design and testing, and product research and development Laboratories Retailing whether by sale, lease, or rent—of any of the following new or used products: apparel, appliances, art, art supplies, beverages, bicycle supplies, bicycles, books, cameras, computers, computer supplies, cookware, cosmetics, dry goods, electrical supplies, electronic equipment, firewood, flowers, food, furniture, garden supplies, gun supplies, guns, hardware, hides, interior decorating materials, jewelry, leather, linens, medications, music (whether recorded or printed), musical instruments, nutritional supplements, office supplies, optical goods, paper goods, periodicals, pet supplies, pets, plumbing supplies, photographic supplies, signs, small power equipment, sporting goods, stationery, tableware, tobacco, all-terrain vehicles, automobiles, light trucks, motorcycles, and snowmobiles, boats; heavy trucks such as dump trucks, moving trucks, and truck tractors; large cargo trailers such as semitrailers; large construction equipment such as backhoes and bulldozers; large farm equipment such as tractors and combines; large forestry equipment; large mineral extraction equipment; manufactured dwellings; recreational vehicles; and residential trailers Services Personal and convenience, studio, information, maintenance and repair, food and beverage, construction, car-wash, business Storage Mini-storage/self-storage facilities , commercial storage of all-terrain vehicles, automobiles, light trucks, motorcycles, and snowmobiles, boats; heavy trucks such as dump trucks, moving trucks, and truck tractors; large cargo trailers such as semitrailers; large construction equipment such as backhoes and bulldozers; large farm equipment such as tractors and combines; large forestry equipment; large mineral extraction equipment; manufactured dwellings; recreational vehicles; and residential trailers
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
DEMOGRAPHICS | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
DEMOGRAPHICS DATA
1 mile 3 miles 5 miles
Total Households 5,5051 41,158 122,094
Total Population 11,564 98,757 293,448
Persons per Household 2.3 2.4 2.4
Average Household Income $59,024 $75,486 $74,788
Average House Value $305,582 $360,083 $374,290
Average Age 42.4 40.4 38.5
Average Age (Male) 39.0 39.5 37.9
Average Age (Female) 45.8 41.7 39.4
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
ABOUT THE CITY OF MILWAUKIE | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
Milwaukie, Oregon is a city in the state of Oregon. As of 2016, there were 20,291 people, 8,561 households, and 5,282 families residing in the city. The population density was 4,256.5 people per square mile. There were 8,988 housing units at an average density of 1,867.1 per square mile.
The city is within the TriMet transit district and is served by Top Employers several TriMet Bus lines. In addition, TriMet's MAX Light Rail service was extended to Milwaukie on September 12, Unified Grocers 2015, connecting Portland to Milwaukie via light rail. PCC Structural RM International Currently the downtown area of Milwaukie is undergoing a N. Clackamas School District revival in which new apartments and retail space are under Meggitt OECO construction and a riverfront park is being developed. Safeway Existing attractions include a Sunday farmers' market, Warn Industries restaurants, coffee shops and stores.
11.9% $335,200 20,291
Population Growth Median Home Value 2016 Population (1990- 2016)
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
ABOUT CLACKAMAS COUNTY | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
2015 Clackamas County Private Clackamas County Industry Employment is a county in the U.S. state of Oregon. Construction 8% As of the 2010 census, the population Leisure and Financial Activities 5% Hospitality 11% was 375,992, making it Oregon's third-
Other Services 5% most populous county. Its county Manufacturing 13% seat is Oregon City. The county was
Natural Resources named after the Native and Mining 3% Americans living in the area, the Clackamas Indians, who were part of the Chinookan people.
Information 2% Clackamas County is part of the Portland-Vancouver-Hillsboro,
Professional and OR-WA Metropolitan Statistical Area. It is in the Willamette Valley. Business Services 13% Trade, Transportation and As of the 2010 United States Census, there were Utilities 25% 145,790 households, and 100,866 families residing in the county. Education and Health Services 15% The population density was 201.0 inhabitants per square mile. There were 156,945 housing units at an average density of 83.9 per square mile. The median income for a household in the county was $62,007 and the median income for a family was $74,905. Males had a median income of $53,488 versus $39,796 for females. The per capita income for the county was $31,785. About 6.1% of families and 9.0% of the population were below the poverty line, including 11.2% of those under age 18 and 6.2% of those age 65 or over.
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
ABOUT THE CITY OF MILWAUKIE | VINTAGE MUSTANG BUILDING | MIXED USE | MILWAUKIE, OREGON
60 TriMet, Portland metro’s public transit agency. The Portland metro area is well served by an outstanding public transit system that is centered around light rail lines and buses. Light Rail Miles The downtown core is served by the Portland Streetcar. The 3.9-mile NS Line runs from Northwest Portland to the South Waterfront via Downtown and the Pearl District. The Loop Service, which opened in September 2012 as the Central Loop (CL Line), runs from Downtown to the Oregon Museum of Science and Industry via the Pearl District, the Broadway Bridge across Willamette River, the Lloyd District, and the Central Eastside Industrial District and added 3.3 miles of route. In September 2015 the line was re branded as the Loop Service, with the A Loop traveling clockwise, and the B Loop traveling counter clockwise. The two-route system serves some 20,000 daily riders. The MAX system are the light rail lines which currently consists of five lines, each line is designated by an unique color. The system currently stretches 60 miles with a total of 97 stations with an average 116,800 riders per day. The Portland Aerial Tram is a public and operated as part of Portland’s public transportation network. It is a unique aerial tramway that connects the City of Portland’s South Waterfront district to the main Oregon Health & Science University campus.
78 14.7 100+ Million 17
Bus Routes Commuter Rails Annual Ridership Transit Centers Miles Trips
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
DISCLAIMER | VINTAGE MUSTANG BUILDING | INDUSTRIAL | MILWAUKIE, OREGON
The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.
All SVN® Offices Independently Owned and Operated The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
JOY HEINECKE | ADVISOR [email protected] O: 503.482.4157 | M: 503.953.2525
JEREMIAH WILGUS | SENIOR ADVISOR [email protected] O: 503.208.9405 | M: 541.580.8103
Lincoln Tower 10260 SW Greenburg Road, Suite 530 Portland, OR 97223 ph: 503.208.9400
www.svnimbrie.com
All SVN® Offices Independently Owned and Operated
The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.