First Commercial Real Estate

JUST LISTED

RECENT CLOSING

A New Chapter for 2775 Cherry Ave NE

We are excited to announce the recent sale of 2775 Cherry Ave NE, a property with a rich history and a promising future. For over 30 years, this site was home to Mini-Motors, a beloved restoration shop specializing in classic British automobiles like the Austin Healey Sprite and MG. Generations of car enthusiasts came to know the shop as a trusted name in automotive restoration, where craftsmanship and passion were on full display.

Now, a new era begins for this 8,378 SF property, which features a mix of office and warehouse space on a .47-acre lot. The new owner, an electrical contractor, plans to renovate the building to serve as their office and corporate headquarters. This transition marks an exciting revitalization of the space, bringing fresh energy and purpose while honoring its legacy of skilled trade and innovation.

We are thrilled to have been a part of this sale and look forward to seeing how this property evolves in the hands of its new owners. Stay tuned for updates as the transformation unfolds!

SIZE: 8,378 SF
SOLD: $750,000
ZONE: INDUSTRIAL GENERAL

FEATURED LISTING

This Class A office building is demised into two professional office suites, each
including multiple private offices, reception areas, and open work rooms. Suite 100 also includes an executive boardroom, and Suite 150 includes a private executive restroom. One of the private offices in each suite includes a gas fireplace. A 615 SF shared common area is located between the two suites, and includes a break room, two ADA restrooms and a mechanical/electrical room. The office is of wood-framed construction and has a decorative brick veneer on the exterior walls. The roof is gabled with a standing seam metal covering. The tenant suites are accessible via separate entrances located along the west elevation of the building. The entrances include double pedestrian doors that are glass encased in metal. The building was built by Dalke Construction and designed by AC&Co Architecture.

OFFICE BUILDING: 6,540 SF
ADU/OFFICE CONVERSION: 1,767 SF
SECURE STORAGE: 576 SF
ZONE: COMMERCIAL OFFICE

*Listing Broker is related to a member of the ownership

Have questions? Click here to learn more.

MARKET INSIGHT

While industrial real estate has been a strong performer in the Willamette Valley for the past few years, higher-than-normal speculative development and company closures/relocations have created a significant amount of vacant industrial space in Marion County. For example, the over half-a-million square foot former Norpac facility in Stayton and the nearly 200,000 sq ft new development on Turner Road (which has yet to announce a tenant) are both contributing significant square footage to the elevated vacancy rate. With almost 2.5 million square feet of projects announced or in various stages of development and marketing, significant activity and business growth will be necessary to absorb a surplus of inventory.

COMMUNITY SPOTLIGHT

Join us for the annual Strikes for IKE bowling fundraiser,
and be a part of something truly special!

This night is all about fun, but it’s also about supporting the
life-changing work of Isaac’s Room. Every dollar raised
helps provide mentorship, job training, and opportunities for
youth in our community who need it most.

Here’s what you can expect:
• Friendly competition, laughs, and a little bowling glory
• Exciting awards and an awesome auction with prizes
• Great food and amazing company

It’s not just a night of bowling—it’s a chance to directly support the incredible transformation happening at Isaac’s Room. Let’s roll together for a great cause!