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Listing provided courtesy of KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM: 541-451-2211.

661 S Main

Lebanon, OR 97355
  • $5,000,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 837723
$5,000,000
  • 0
    BEDS
  • 0.87
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 27,764
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1910
County:

School Ratings & Info

Listing provided courtesy of KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM: 541-451-2211. Listing information © 2026 Willamette Valley Multiple Listing Service



Description

Historic downtown hotel established in 1910 approximately 33,612 SF. The ground floor starts with 4 glass front retail spaces 100% occupied. The second and third floors are in process of renovation for an upside of 60+ hotel or apartment spaces. Many upgrades including new membrane roof in 2020? Electrical and plumbing through-out. 10 apartment spaces are 100% occupied. This portfolio includes a 0.37 acre off street parking lot.

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Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-05-12T00:08:41.39.
www.suelongrealty.com/homes/174781591
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661 S Main Lebanon, OR 97355

  • Price: $5,000,000
  • Status: Active
  • On Site: 39 Days
  • MLS #: 837723
0
Beds
0
Baths
0
½ Baths
0.87
Acres
27,764
SQFT
$180
$/SQFT
1910
Built
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Property Description
Historic downtown hotel established in 1910 approximately 33,612 SF. The ground floor starts with 4 glass front retail spaces 100% occupied. The second and third floors are in process of renovation for an upside of 60+ hotel or apartment spaces. Many upgrades including new membrane roof in 2020? Electrical and plumbing through-out. 10 apartment spaces are 100% occupied. This portfolio includes a 0.37 acre off street parking lot.
Exterior Features

Access Paved Building1 Info 6 Glass Front Retail Spaces Building2 Info 10 Unit Apartment Spaces Building3 Info 0.37 Acre Parking Lot Foundation Continuous Frontage Feet 132 Railroad No Roof Other (Refer to Remarks) Signage Yes Trailer Parking No View Territorial

Property Features

Commercial Type Special Purpose Confidentiality Agreement Required Yes Flood Plain No High Speed Comm Access Present New Construction No Owner Managed Yes Owner Occupied No Possession COE Property Name Lebanon Hotel Property Use Type Any Use-All the Following Sewer City Source Of Square Feet County Tenancy Multiple Terms Seller Will Consider CashConventional Water City Zoning CBC

© 2026 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2026 Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Data last updated: 2026-05-12T00:08:41.39.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of KELLER WILLIAMS REALTY MID-WILLAMETTE - GILLOTT TEAM: 541-451-2211. Listing information © 2026 Willamette Valley Multiple Listing Service