450 Marine Drive, Astoria, OR for sale

Investment Overview

Well-maintained 29,580 SF two (2) story office building on 39,204 SF of land in Astoria, Oregon. Built in 2003, this building was previously leased to the State of Oregon and provides a move-in-ready office option for one or multiple tenants. The building features a TPO roof, a two-stop elevator, and fire sprinklers. Located on Marine Dr., this property benefits from quick access to Hwy 30 and Hwy 101, ample off-street parking, close proximity to nearby restaurants, and breathtaking views of the Columbia River.

Investment Highlights

• 29,580 SF two story building with great views
• 39,204 SF lot (0.9 AC)
• Property Taxes: $72,166
• Elevator served
• Fire sprinklers
• Able to be demised down easily
• (51) off-street parking spaces
• Zoned C-3 General Commercial
• The building is a steel-frame building with a stucco exterior on CMU.
• Additional HVAC split systems were added because the previous tenant wanted to control their work area individually.
• Roof and HVAC age: September 2018. The property has received quarterly inspections and maintenance.