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536 NE 5th St, McMinnville, OR 97128

$1,500,000
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Property Description

The Spence House is a 4,300 square foot English cottage-style residence built in 1929. It was converted into a duplex in 1955 and remained a residence until 1986 when it was named a historical building by the National Register of Historical Places. Yamhill County acquired it shortly after and has used it for offices. It has dramatic steeply pitched gables, multi-pane casement windows, and exterior high-quality brickwork and stucco. The basement is fully finished and dry, has a fireplace, two staircases, and plentiful storage. On the first floor there are multiple private offices, two bathrooms, a fireplace, and reception area. The second floor also has multiple private offices and a full bathroom, and the third floor is unfinished, but has the potential to become an extra office or storage. There is crown molding throughout, beautiful wooden finishes and flooring, and ample storage. This property is zoned C-3 which permits offices, retail, mixed-use, or a multi-family dwelling. Single-use and duplexes are allowed under certain conditions. Located across the street from the County Courthouse, and two blocks from well-known Third St in downtown McMinnville. It has 11 dedicated parking spaces and street parking. Sewer lateral was replaced from the house to the city sewer in 2016. HVAC units were replaced in 2019, 2024, and 2025. The roof was replaced in 2011. The building is not ADA compliant but ADA improvements have been made. Buyer to do their own due diligence to confirm square footage and ensure the property meets their needs. Shown by appointment only. All showings require advanced scheduling.

536 NE 5th St | MLS# 470140955

This commercial property located at 536 NE 5th St, McMinnville, OR 97128 is currently listed for sale with an asking price of $1,500,000. Search Mcminnville real estate on www.bendpremierrealestate.com today.

Property Features

Property Type: Commercial - Business
Cooling: Heat Pump
Fuel Type: Electricity
Heating: Heat Pump
Lot Size: 0.28 Acres
Roof Type: Composition
Stories: 3.0
Year Built: 1929
Square Feet: 4,300

Feature Descriptions

Days on Site: 1
Miscellaneous Features: Office
Parking Notes: OnSite
Present Use: Office, ProfessionalService
Road Surface: Paved
Sewer: Public Sewer
Special View Info: City
Water: Public Water

Listed By / Shown By

Listed By

Agency Name: Miller Consulting Group, LLC
Agency Phone: 503-740-9200

Shown By

Agency Title: Bend Premier Real Estate
Agency Phone: 541-323-2779

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