Investment Overview

Marcus & Millichap is pleased to exclusively present for sale or lease the Evoke Winery Distribution warehouse, located at 1308 Industrial Loop in Hood River. Well situated in Hood River’s Downtown Central Business District (CBD), one-half mile west of the core retail corridor on Oak Street, this Industrial-zoned property boasts magnificent views of Mount Adams and the Columbia River Gorge. It’s ideal for manufacturing and production activities, with complementary commercial services, such as a tasting room. A significant portion of the the undeveloped land is immediately developable. A new 8,000 to 12,000 square-foot industrial structure with tasting room can be added to dramatically increase cashflow and total rate of return. It’s within one block of other well-established, mixed-use developments, tenants include Crush Cider Café and New York City Sub Shop. The two-parcel property includes an existing 5,574 square-foot single-story warehouse facility. That includes a 1,000 square-foot covered outdoor shipping and receiving platform, dock and grade-level loading, large 16 foot clear-span rooms, and it's well insulated, including a PVC-KEE UV-reflective membrane roof. Large semi and tractor-trailers can easily access the property, circle the structure, and maneuver for loading-dock shipping and receiving. There's room for surface parking, outdoor storage and easy access to Highway-30, Highway-35, and Interstate-84. The oversized 1.17-acre (50,965 square-foot) lot provides attractive expansion and/or development opportunities. Industrial-zoned land is extremely limited in the Hood River area, especially in such close proximity to Downtown and Interstate-84, making this an ideal opportunity to secure 1.17 acres for future development. Other mixed-use developments on Wasco/Industrial Loop have been extremely successful and remain in high demand by tenants. Proposed development options 1308 Industrial range from 6,000 to 30,000 square-feet of new construction.