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Listing provided courtesy of OREGON FIRST: 503-646-5006.

707 S Main

Lebanon, OR 97355
  • $570,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 813836
UPDATED: 37 min ago
$570,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,208
    SQFT
  • $135
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing provided courtesy of OREGON FIRST: 503-646-5006. Listing information © 2024 Willamette Valley Multiple Listing Service



Description

Investor alert: Fully occupied commercial office/retail building on the corner of Main and Sherman Street in Lebanon. Four unit complex with 3 separate entrances. Two shared bathrooms for three spaces and one space has their own facilities. 12 off street parking spaces and 208' of street frontage. Updated roof in 2020, LED lighting & 2 new HVAC units. With a 5.78% Cap Rate make an offer today and add this downtown commercial gem to your portfolio. Do not disturb tenants.

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Willamette Valley MLS logo © 2024 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-04-24T18:08:47.483.
www.suelongrealty.com/homes/148157828
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707 S Main Lebanon, OR 97355

  • Price: $570,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 37 min ago
  • MLS #: 813836
0
Beds
0
Baths
0
½ Baths
0.21
Acres
4,208
SQFT
$135
$/SQFT
Neighborhood:
80 LINN COUNTY
County:
Linn
Area:
80 LINN COUNTY
Property Description
Investor alert: Fully occupied commercial office/retail building on the corner of Main and Sherman Street in Lebanon. Four unit complex with 3 separate entrances. Two shared bathrooms for three spaces and one space has their own facilities. 12 off street parking spaces and 208' of street frontage. Updated roof in 2020, LED lighting & 2 new HVAC units. With a 5.78% Cap Rate make an offer today and add this downtown commercial gem to your portfolio. Do not disturb tenants.
Exterior Features

Access Paved Building1 Info A: 1842 sq ft2 entrancespvt officebrk room Building2 Info B: 792 sq ftdivided in 2 rooms w/ sky light Building3 Info C: 547 sq ftreception officepvt office Building4 Info D: 717 sq ftreception areapvt office Foundation Slab Parking Spaces 12 Railroad No Roof Other (Refer to Remarks) Siding Brick Signage No Trailer Parking No View Territorial

Interior Features

Fire System Hardwired Heating Central ACForced AirGas

Property Features

Assessments Or Liens No Cap Rate 5.78 Commercial Type Retail Confidentiality Agreement Required No Cross Street Sherman Exclusions Tenant Possessions Expenses Actual Or Projected Actual Flood Plain No Garbage 1308 Gross Sched Income 41400 High Speed Comm Access Available Inclusions Storage Lockers Insurance 2576 Janitor Lawn 1200 New Construction No Owner Managed Yes Owner Occupied No Possession Closing Property Taxes 1990 Property Use Type BusinessInvestmentOwner-User Seller To Do1031 No Sewer City Source Of Square Feet County Suitable For Office Institutional/GovMedical OfficeOffice Building Tax Amount 2664 Tax Years 2023 Tenancy Multiple Terms Seller Will Consider CashConventional Total Expenses 8430 Water City Water Sewer 1356

© 2024 Willamette Valley Multiple Listing Service. All rights reserved.


Willamette Valley MLS logo © 2024 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated: 2024-04-24T18:08:47.483.
 
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Keller Williams Mid-Willamette
201 NW 3rd St
Corvallis OR, 97330
Listing provided courtesy of OREGON FIRST: 503-646-5006. Listing information © 2024 Willamette Valley Multiple Listing Service